zeetta networks limited
zeetta networks limited Company Information
Company Number
09396517
Website
www.zeetta.comRegistered Address
11th floor one temple row, birmingham, B2 5LG
Industry
Other information technology and computer service activities
Telephone
01173445304
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
bloc ventures limited 29.8%
breed reply investments limited 24%
View Allzeetta networks limited Estimated Valuation
Pomanda estimates the enterprise value of ZEETTA NETWORKS LIMITED at £1.3m based on a Turnover of £1.8m and 0.74x industry multiple (adjusted for size and gross margin).
zeetta networks limited Estimated Valuation
Pomanda estimates the enterprise value of ZEETTA NETWORKS LIMITED at £0 based on an EBITDA of £-1.4m and a 5.21x industry multiple (adjusted for size and gross margin).
zeetta networks limited Estimated Valuation
Pomanda estimates the enterprise value of ZEETTA NETWORKS LIMITED at £0 based on Net Assets of £-3.8m and 0.39x industry multiple (adjusted for liquidity).
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Zeetta Networks Limited Overview
Zeetta Networks Limited is a live company located in birmingham, B2 5LG with a Companies House number of 09396517. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2015, it's largest shareholder is bloc ventures limited with a 29.8% stake. Zeetta Networks Limited is a young, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.
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Zeetta Networks Limited Health Check
Pomanda's financial health check has awarded Zeetta Networks Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
7 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£6.6m)
- Zeetta Networks Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (5.4%)
- Zeetta Networks Limited
5.4% - Industry AVG
Production
with a gross margin of 51.8%, this company has a comparable cost of product (51.8%)
- Zeetta Networks Limited
51.8% - Industry AVG
Profitability
an operating margin of -78.9% make it less profitable than the average company (3.7%)
- Zeetta Networks Limited
3.7% - Industry AVG
Employees
with 15 employees, this is below the industry average (43)
15 - Zeetta Networks Limited
43 - Industry AVG
Pay Structure
on an average salary of £68k, the company has an equivalent pay structure (£68k)
- Zeetta Networks Limited
£68k - Industry AVG
Efficiency
resulting in sales per employee of £117k, this is less efficient (£162k)
- Zeetta Networks Limited
£162k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Zeetta Networks Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (36 days)
- Zeetta Networks Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Zeetta Networks Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Zeetta Networks Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1208.1%, this is a higher level of debt than the average (63.9%)
1208.1% - Zeetta Networks Limited
63.9% - Industry AVG
ZEETTA NETWORKS LIMITED financials
Zeetta Networks Limited's latest turnover from December 2022 is estimated at £1.8 million and the company has net assets of -£3.8 million. According to their latest financial statements, Zeetta Networks Limited has 15 employees and maintains cash reserves of £33.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2017 | Jul 2016 | Jul 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 | 15 | 27 | 26 | 30 | 27 | 23 | 11 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 485 | 1,312 | 18,599 | 60,471 | 105,799 | 99,052 | 62,316 | 13,363 | 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 485 | 1,312 | 18,599 | 60,471 | 105,799 | 99,052 | 62,316 | 13,363 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 53,577 | 0 | 79,225 | 0 | 12,000 | 0 | 827 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 305,177 | 537,890 | 781,272 | 256,854 | 609,808 | 746,771 | 162,370 | 16,717 | 0 |
| Cash | 33,233 | 448,774 | 287,491 | 276,015 | 656,083 | 1,642,244 | 2,117,694 | 297,020 | 5,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 338,410 | 986,664 | 1,122,340 | 532,869 | 1,345,116 | 2,389,015 | 2,292,064 | 313,737 | 5,827 |
| total assets | 338,895 | 987,976 | 1,140,939 | 593,340 | 1,450,915 | 2,488,067 | 2,354,380 | 327,100 | 5,827 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 77,473 | 104,240 | 110,828 | 66,428 | 135,499 | 104,252 | 88,655 | 18,402 | 10,245 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 1,776 | 8,305 | 11,400 | 5,732 | 15,754 | 0 | 0 |
| other current liabilities | 1,235,729 | 569,584 | 748,424 | 583,924 | 468,099 | 622,228 | 416,692 | 81,099 | 0 |
| total current liabilities | 1,313,202 | 673,824 | 861,028 | 658,657 | 614,998 | 732,214 | 521,103 | 99,503 | 10,245 |
| loans | 41,040 | 47,994 | 2,050,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 500,000 | 9,368 | 7,165 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,740,000 | 2,640,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,781,040 | 2,687,994 | 2,050,000 | 500,000 | 9,368 | 7,165 | 0 | 0 | 0 |
| total liabilities | 4,094,242 | 3,361,818 | 2,911,028 | 1,158,657 | 624,366 | 739,379 | 521,103 | 99,503 | 10,245 |
| net assets | -3,755,347 | -2,373,842 | -1,770,089 | -565,317 | 826,549 | 1,748,688 | 1,833,277 | 227,597 | -4,418 |
| total shareholders funds | -3,755,347 | -2,373,842 | -1,770,089 | -565,317 | 826,549 | 1,748,688 | 1,833,277 | 227,597 | -4,418 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2017 | Jul 2016 | Jul 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 827 | 18,703 | 41,853 | 47,523 | 48,432 | 14,657 | 6,891 | 1,427 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -232,713 | -296,959 | 577,995 | -432,179 | -57,738 | 730,054 | 157,653 | 15,890 | 827 |
| Creditors | -26,767 | -6,588 | 44,400 | -69,071 | 31,247 | 85,850 | 70,253 | 8,157 | 10,245 |
| Accruals and Deferred Income | 666,145 | -178,840 | 164,500 | 115,825 | -154,129 | 541,129 | 335,593 | 81,099 | 0 |
| 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 | 0 | -2 | 0 | 0 | 2 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,954 | -2,002,006 | 2,050,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -1,776 | -506,529 | 487,537 | 7,871 | 12,897 | 15,754 | 0 | 0 |
| other long term liabilities | 100,000 | 2,640,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -415,541 | 161,283 | 11,476 | -380,068 | -986,161 | 1,345,224 | 1,820,674 | 292,020 | 5,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -415,541 | 161,283 | 11,476 | -380,068 | -986,161 | 1,345,224 | 1,820,674 | 292,020 | 5,000 |
zeetta networks limited Credit Report and Business Information
Zeetta Networks Limited Competitor Analysis
Perform a competitor analysis for zeetta networks limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in B 2 area or any other competitors across 12 key performance metrics.
zeetta networks limited Ownership
ZEETTA NETWORKS LIMITED group structure
Zeetta Networks Limited has no subsidiary companies.
Ultimate parent company
ZEETTA NETWORKS LIMITED
09396517
zeetta networks limited directors
Zeetta Networks Limited currently has 2 directors. The longest serving directors include Mr Ian Jenks (Jun 2016) and Mr Bruce Beckloff (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Jenks | United Kingdom | 70 years | Jun 2016 | - | Director |
| Mr Bruce Beckloff | England | 53 years | Jul 2023 | - | Director |
P&L
December 2022turnover
1.8m
-40%
operating profit
-1.4m
0%
gross margin
51.8%
-0.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-3.8m
+0.58%
total assets
338.9k
-0.66%
cash
33.2k
-0.93%
net assets
Total assets minus all liabilities
Similar Companies
zeetta networks limited company details
company number
09396517
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
January 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
11th floor one temple row, birmingham, B2 5LG
accountant
J&B FINANCE LIMITED
auditor
-
zeetta networks 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 found 4 charges/mortgages relating to zeetta networks limited. Currently there are 4 open charges and 0 have been satisfied in the past.
zeetta networks limited Companies House Filings - See Documents
| date | description | view/download |
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