freshworks technologies uk limited
freshworks technologies uk limited Company Information
Company Number
09338697
Website
https://www.freshdesk.comRegistered Address
79 hatton garden, london, EC1N 8JS
Industry
Other business support service activities n.e.c.
Telephone
01892805040
Next Accounts Due
September 2024
Group Structure
View All
Directors
Pamela Sergeeff2 Years
Shareholders
freshworks inc. 100%
freshworks technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of FRESHWORKS TECHNOLOGIES UK LIMITED at £20.5m based on a Turnover of £23.2m and 0.88x industry multiple (adjusted for size and gross margin).
freshworks technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of FRESHWORKS TECHNOLOGIES UK LIMITED at £10.8m based on an EBITDA of £1.6m and a 6.96x industry multiple (adjusted for size and gross margin).
freshworks technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of FRESHWORKS TECHNOLOGIES UK LIMITED at £2.1m based on Net Assets of £4m and 0.52x industry multiple (adjusted for liquidity).
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Freshworks Technologies Uk Limited Overview
Freshworks Technologies Uk Limited is a live company located in london, EC1N 8JS with a Companies House number of 09338697. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2014, it's largest shareholder is freshworks inc. with a 100% stake. Freshworks Technologies Uk Limited is a established, large sized company, Pomanda has estimated its turnover at £23.2m with rapid growth in recent years.
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Freshworks Technologies Uk Limited Health Check
Pomanda's financial health check has awarded Freshworks Technologies Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £23.2m, make it larger than the average company (£3.8m)
£23.2m - Freshworks Technologies Uk Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 98%, show it is growing at a faster rate (3%)
- Freshworks Technologies Uk Limited
3% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
38.8% - Freshworks Technologies Uk Limited
38.8% - Industry AVG
Profitability
an operating margin of 6.5% make it as profitable than the average company (6.3%)
6.5% - Freshworks Technologies Uk Limited
6.3% - Industry AVG
Employees
with 84 employees, this is above the industry average (24)
84 - Freshworks Technologies Uk Limited
24 - Industry AVG
Pay Structure
on an average salary of £222.4k, the company has a higher pay structure (£50.6k)
£222.4k - Freshworks Technologies Uk Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £276.2k, this is more efficient (£157.8k)
£276.2k - Freshworks Technologies Uk Limited
£157.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Freshworks Technologies Uk Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (33 days)
3 days - Freshworks Technologies Uk Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Freshworks Technologies Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (24 weeks)
51 weeks - Freshworks Technologies Uk Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.4%, this is a lower level of debt than the average (63.8%)
39.4% - Freshworks Technologies Uk Limited
63.8% - Industry AVG
FRESHWORKS TECHNOLOGIES UK LIMITED financials
Freshworks Technologies Uk Limited's latest turnover from December 2022 is £23.2 million and the company has net assets of £4 million. According to their latest financial statements, Freshworks Technologies Uk Limited has 84 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,198,446 | 13,301,561 | 2,063,189 | 833,728 | 575,556 | ||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | 1,504,776 | 907,113 | 122,939 | 51,581 | 35,643 | ||||
| Interest Payable | 0 | 6,379 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 1,504,776 | 900,734 | 122,939 | 51,581 | 35,643 | ||||
| Tax | 271,043 | 214,673 | -26,257 | -10,558 | -7,565 | ||||
| Profit After Tax | 1,775,819 | 1,115,407 | 96,682 | 41,023 | 28,078 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 1,775,819 | 1,115,407 | 96,682 | 41,023 | 28,078 | ||||
| Employee Costs | 18,680,500 | 11,167,748 | 1,376,293 | 563,809 | 363,295 | ||||
| Number Of Employees | 84 | 54 | 40 | 38 | 14 | 7 | 4 | ||
| EBITDA* | 1,556,390 | 950,191 | 129,366 | 53,568 | 36,390 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 119,089 | 71,301 | 55,586 | 81,109 | 228,179 | 20,773 | 8,259 | 3,757 | 0 |
| 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) | 151,085 | 0 | 0 | 153,750 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 270,174 | 71,301 | 55,586 | 234,859 | 228,179 | 20,773 | 8,259 | 3,757 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 2,533,760 | 3,336,967 | 633,167 | 579,841 | 0 | 242,256 | 94,099 | 55,860 | 0 |
| Misc Debtors | 1,223,308 | 525,349 | 313,515 | 71,156 | 0 | 192,399 | 34,217 | 34,844 | 0 |
| Cash | 2,586,533 | 490,652 | 740,151 | 558,934 | 80,418 | 114,562 | 53,998 | 53,720 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,343,601 | 4,352,968 | 1,686,833 | 1,209,931 | 697,015 | 549,217 | 182,314 | 144,424 | 0 |
| total assets | 6,613,775 | 4,424,269 | 1,742,419 | 1,444,790 | 925,194 | 569,990 | 190,573 | 148,181 | 0 |
| Bank overdraft | 0 | 1,492 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 141,210 | 11,796 | 10,905 | 13,760 | 63,281 | 32,351 | 561 | 3,069 | 0 |
| Group/Directors Accounts | 62,138 | 0 | 1,350 | 10,145 | 0 | 0 | 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 | 2,401,901 | 2,178,274 | 602,303 | 613,967 | 0 | 167,908 | 19,258 | 16,282 | 0 |
| total current liabilities | 2,605,249 | 2,191,562 | 614,558 | 637,872 | 447,235 | 200,259 | 19,819 | 19,351 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 10,561 | 15,411 | 0 | 3,947 | 1,652 | 751 | 0 |
| total long term liabilities | 0 | 0 | 10,561 | 15,411 | 6,308 | 3,947 | 1,652 | 751 | 0 |
| total liabilities | 2,605,249 | 2,191,562 | 625,119 | 653,283 | 453,543 | 204,206 | 21,471 | 20,102 | 0 |
| net assets | 4,008,526 | 2,232,707 | 1,117,300 | 791,507 | 471,651 | 365,784 | 169,102 | 128,079 | 0 |
| total shareholders funds | 4,008,526 | 2,232,707 | 1,117,300 | 791,507 | 471,651 | 365,784 | 169,102 | 128,079 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 1,504,776 | 907,113 | 122,939 | 51,581 | 35,643 | ||||
| Depreciation | 51,614 | 43,078 | 39,541 | 23,908 | 15,661 | 6,427 | 1,987 | 747 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 271,043 | 214,673 | -26,257 | -10,558 | -7,565 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 45,837 | 2,915,634 | 141,935 | 804,747 | -128,316 | 306,339 | 37,612 | 90,704 | 0 |
| Creditors | 129,414 | 891 | -2,855 | -49,521 | 62,720 | 31,790 | -2,508 | 3,069 | 0 |
| Accruals and Deferred Income | 223,627 | 1,575,971 | -11,664 | 613,967 | -19,258 | 148,650 | 2,976 | 16,282 | 0 |
| Deferred Taxes & Provisions | 0 | -10,561 | -4,850 | 15,411 | -1,652 | 2,295 | 901 | 751 | 0 |
| Cash flow from operations | 2,134,637 | -184,469 | -20,495 | 6,767 | -41,777 | ||||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | -6,489 | -4,504 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | -6,489 | -4,504 | |||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 62,138 | -1,350 | -8,795 | 10,145 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | -6,379 | 0 | 0 | 0 | ||||
| cash flow from financing | 62,138 | -7,729 | 100,000 | 0 | 100,001 | ||||
| cash and cash equivalents | |||||||||
| cash | 2,095,881 | -249,499 | 181,217 | 478,516 | 26,420 | 60,564 | 278 | 53,720 | 0 |
| overdraft | -1,492 | 1,492 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,097,373 | -250,991 | 181,217 | 478,516 | 26,420 | 60,564 | 278 | 53,720 | 0 |
freshworks technologies uk limited Credit Report and Business Information
Freshworks Technologies Uk Limited Competitor Analysis
Perform a competitor analysis for freshworks technologies uk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EC1N area or any other competitors across 12 key performance metrics.
freshworks technologies uk limited Ownership
FRESHWORKS TECHNOLOGIES UK LIMITED group structure
Freshworks Technologies Uk Limited has no subsidiary companies.
Ultimate parent company
FRESHWORKS INC
#0163040
1 parent
FRESHWORKS TECHNOLOGIES UK LIMITED
09338697
freshworks technologies uk limited directors
Freshworks Technologies Uk Limited currently has 1 director, Ms Pamela Sergeeff serving since Sep 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Pamela Sergeeff | United Kingdom | 51 years | Sep 2021 | - | Director |
P&L
December 2022turnover
23.2m
+74%
operating profit
1.5m
+66%
gross margin
38.9%
+3.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4m
+0.8%
total assets
6.6m
+0.49%
cash
2.6m
+4.27%
net assets
Total assets minus all liabilities
freshworks technologies uk limited company details
company number
09338697
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2014
age
10
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
freshdesk uk limited (June 2017)
last accounts submitted
December 2022
address
79 hatton garden, london, EC1N 8JS
accountant
-
auditor
BUTLER & CO LLP
freshworks technologies 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 freshworks technologies uk limited.
freshworks technologies uk limited Companies House Filings - See Documents
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