firefly systems design ltd
firefly systems design ltd Company Information
Company Number
09282068
Website
-Registered Address
87 butlers road, birmingham, B20 2NT
Industry
Computer consultancy activities
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Directors
Anil Verma9 Years
Shareholders
anil verma 100%
firefly systems design ltd Estimated Valuation
Pomanda estimates the enterprise value of FIREFLY SYSTEMS DESIGN LTD at £180.5k based on a Turnover of £343.4k and 0.53x industry multiple (adjusted for size and gross margin).
firefly systems design ltd Estimated Valuation
Pomanda estimates the enterprise value of FIREFLY SYSTEMS DESIGN LTD at £140.3k based on an EBITDA of £37.1k and a 3.78x industry multiple (adjusted for size and gross margin).
firefly systems design ltd Estimated Valuation
Pomanda estimates the enterprise value of FIREFLY SYSTEMS DESIGN LTD at £433.9k based on Net Assets of £192.8k and 2.25x industry multiple (adjusted for liquidity).
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Firefly Systems Design Ltd Overview
Firefly Systems Design Ltd is a live company located in birmingham, B20 2NT with a Companies House number of 09282068. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in October 2014, it's largest shareholder is anil verma with a 100% stake. Firefly Systems Design Ltd is a established, micro sized company, Pomanda has estimated its turnover at £343.4k with healthy growth in recent years.
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Firefly Systems Design Ltd Health Check
Pomanda's financial health check has awarded Firefly Systems Design 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 £343.4k, make it smaller than the average company (£898.9k)
- Firefly Systems Design Ltd
£898.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (7%)
- Firefly Systems Design Ltd
7% - Industry AVG
Production
with a gross margin of 26.2%, this company has a higher cost of product (49.2%)
- Firefly Systems Design Ltd
49.2% - Industry AVG
Profitability
an operating margin of 10.8% make it more profitable than the average company (7.5%)
- Firefly Systems Design Ltd
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Firefly Systems Design Ltd
8 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
- Firefly Systems Design Ltd
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £343.4k, this is more efficient (£123.7k)
- Firefly Systems Design Ltd
£123.7k - Industry AVG
Debtor Days
it gets paid by customers after 224 days, this is later than average (64 days)
- Firefly Systems Design Ltd
64 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (30 days)
- Firefly Systems Design Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Firefly Systems Design Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Firefly Systems Design Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.7%, this is a lower level of debt than the average (56.4%)
19.7% - Firefly Systems Design Ltd
56.4% - Industry AVG
FIREFLY SYSTEMS DESIGN LTD financials
Firefly Systems Design Ltd's latest turnover from October 2023 is estimated at £343.4 thousand and the company has net assets of £192.8 thousand. According to their latest financial statements, Firefly Systems Design Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 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 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,481 | 6,192 | 5,242 | 10,065 | 10,256 | 10,304 | 6,792 | 8,360 | 4,619 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 28,481 | 6,192 | 5,242 | 10,065 | 10,256 | 10,304 | 6,792 | 8,360 | 4,619 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 211,505 | 217,035 | 206,447 | 158,485 | 161,134 | 116,733 | 104,285 | 66,167 | 67,038 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 211,505 | 217,035 | 206,447 | 158,485 | 161,134 | 116,733 | 104,285 | 66,167 | 67,038 |
| total assets | 239,986 | 223,227 | 211,689 | 168,550 | 171,390 | 127,037 | 111,077 | 74,527 | 71,657 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 26,399 | 29,258 | 17,376 | 14,172 | 22,869 | 15,661 | 20,297 | 21,623 | 26,361 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 191 | 294 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 26,399 | 29,258 | 17,376 | 14,172 | 23,060 | 15,955 | 20,297 | 21,623 | 26,361 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 693 | 630 | 630 | 630 | 630 | 630 | 600 | 600 | 600 |
| other liabilities | 20,059 | 28,358 | 41,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 20,752 | 28,988 | 42,130 | 630 | 630 | 630 | 600 | 600 | 600 |
| total liabilities | 47,151 | 58,246 | 59,506 | 14,802 | 23,690 | 16,585 | 20,897 | 22,223 | 26,961 |
| net assets | 192,835 | 164,981 | 152,183 | 153,748 | 147,700 | 110,452 | 90,180 | 52,304 | 44,696 |
| total shareholders funds | 192,835 | 164,981 | 152,183 | 153,748 | 147,700 | 110,452 | 90,180 | 52,304 | 44,696 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,530 | 10,588 | 47,962 | -2,649 | 44,401 | 12,448 | 38,118 | -871 | 67,038 |
| Creditors | -2,859 | 11,882 | 3,204 | -8,697 | 7,208 | -4,636 | -1,326 | -4,738 | 26,361 |
| Accruals and Deferred Income | 63 | 0 | 0 | 0 | 0 | 30 | 0 | 0 | 600 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -191 | -103 | 294 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -8,299 | -13,142 | 41,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
firefly systems design ltd Credit Report and Business Information
Firefly Systems Design Ltd Competitor Analysis
Perform a competitor analysis for firefly systems design ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in B20 area or any other competitors across 12 key performance metrics.
firefly systems design ltd Ownership
FIREFLY SYSTEMS DESIGN LTD group structure
Firefly Systems Design Ltd has no subsidiary companies.
Ultimate parent company
FIREFLY SYSTEMS DESIGN LTD
09282068
firefly systems design ltd directors
Firefly Systems Design Ltd currently has 1 director, Mr Anil Verma serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anil Verma | England | 51 years | Oct 2014 | - | Director |
P&L
October 2023turnover
343.4k
0%
operating profit
37.1k
0%
gross margin
26.2%
-5.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
192.8k
+0.17%
total assets
240k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
firefly systems design ltd company details
company number
09282068
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
October 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
87 butlers road, birmingham, B20 2NT
accountant
-
auditor
-
firefly systems design 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 firefly systems design ltd.
firefly systems design ltd Companies House Filings - See Documents
| date | description | view/download |
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