spynsol limited
spynsol limited Company Information
Company Number
09474031
Next Accounts
Jan 2025
Industry
Activities of head offices
Shareholders
fdj gaming solutions
Group Structure
View All
Contact
Registered Address
6 snow hill, london, EC1A 2AY
Website
sportingindex.comspynsol limited Estimated Valuation
Pomanda estimates the enterprise value of SPYNSOL LIMITED at £0 based on a Turnover of £0 and 0.5x industry multiple (adjusted for size and gross margin).
spynsol limited Estimated Valuation
Pomanda estimates the enterprise value of SPYNSOL LIMITED at £0 based on an EBITDA of £-23.5m and a 3.74x industry multiple (adjusted for size and gross margin).
spynsol limited Estimated Valuation
Pomanda estimates the enterprise value of SPYNSOL LIMITED at £6m based on Net Assets of £2.8m and 2.13x industry multiple (adjusted for liquidity).
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Spynsol Limited Overview
Spynsol Limited is a dissolved company that was located in london, EC1A 2AY with a Companies House number of 09474031. It operated in the activities of head offices sector, SIC Code 70100. Founded in March 2015, it's largest shareholder was fdj gaming solutions with a 100% stake. The last turnover for Spynsol Limited was estimated at £0.
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Spynsol Limited Health Check
There is insufficient data available to calculate a health check for Spynsol Limited. Company Health Check FAQs
0 Strong
0 Regular
4 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Spynsol Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (5.1%)
- - Spynsol Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Spynsol Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Spynsol Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (118)
- Spynsol Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Spynsol Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Spynsol Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Spynsol Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Spynsol Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Spynsol Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
- - Spynsol Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.2%, this is a higher level of debt than the average (60.9%)
- - Spynsol Limited
- - Industry AVG
SPYNSOL LIMITED financials
Spynsol Limited's latest turnover from December 2019 is 0 and the company has net assets of £2.8 million. According to their latest financial statements, we estimate that Spynsol Limited has 1 employee and maintains cash reserves of £33 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|
| Turnover | 0 | 41,400,000 | 24,942,000 | 31,098,000 | 29,835,000 | 2,815,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 10,101,000 | 5,471,000 | 5,242,000 | 4,191,000 | 419,000 | |
| Gross Profit | 31,299,000 | 19,471,000 | 25,856,000 | 25,644,000 | 2,396,000 | |
| Admin Expenses | 36,884,000 | 21,541,000 | 31,382,000 | 29,800,000 | 2,753,000 | |
| Operating Profit | -23,483,000 | -5,585,000 | -2,070,000 | -5,526,000 | -4,156,000 | -357,000 |
| Interest Payable | 2,501,000 | 6,208,000 | 4,017,000 | 4,772,000 | 4,920,000 | 401,000 |
| Interest Receivable | 3,893,000 | 1,000 | 1,000 | 6,000 | 11,000 | 4,000 |
| Pre-Tax Profit | -22,091,000 | -11,792,000 | -6,086,000 | -10,292,000 | -9,065,000 | -4,327,000 |
| Tax | 0 | 647,000 | 595,000 | 830,000 | 1,144,000 | 526,000 |
| Profit After Tax | -22,091,000 | -11,145,000 | -5,491,000 | -9,462,000 | -7,921,000 | -3,801,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -22,091,000 | -11,145,000 | -5,491,000 | -9,462,000 | -7,921,000 | -3,801,000 |
| Employee Costs | 0 | 13,998,000 | 8,976,000 | 13,354,000 | 12,053,000 | 1,083,000 |
| Number Of Employees | 256 | 257 | 242 | 224 | 220 | |
| EBITDA* | -23,483,000 | 6,581,000 | 5,536,000 | 3,585,000 | 6,331,000 | 548,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,556,000 | 2,149,000 | 1,346,000 | 1,206,000 | 995,000 |
| Intangible Assets | 0 | 26,390,000 | 34,781,000 | 16,448,000 | 21,958,000 | 28,779,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 2,487,000 | 2,277,000 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 30,433,000 | 39,207,000 | 17,794,000 | 23,164,000 | 29,774,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 4,004,000 | 10,049,000 | 4,493,000 | 4,186,000 | 4,751,000 |
| Group Debtors | 56,341,000 | 2,065,000 | 2,040,000 | 0 | 0 | 0 |
| Misc Debtors | 0 | 9,150,000 | 5,280,000 | 3,933,000 | 4,721,000 | 4,760,000 |
| Cash | 33,000 | 6,954,000 | 6,724,000 | 6,806,000 | 9,584,000 | 12,473,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 57,574,000 | 22,173,000 | 24,093,000 | 15,232,000 | 18,491,000 | 21,984,000 |
| total assets | 57,574,000 | 52,606,000 | 63,300,000 | 33,026,000 | 41,655,000 | 51,758,000 |
| Bank overdraft | 0 | 24,413,000 | 4,100,000 | 7,925,000 | 4,333,000 | 2,667,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 3,575,000 | 3,195,000 | 3,211,000 | 3,499,000 | 4,112,000 |
| Group/Directors Accounts | 48,319,000 | 2,080,000 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 28,859,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 203,000 | 203,000 | 0 | 0 | 0 |
| other current liabilities | 6,462,000 | 18,701,000 | 8,596,000 | 6,163,000 | 5,922,000 | 7,747,000 |
| total current liabilities | 54,781,000 | 77,831,000 | 16,094,000 | 17,299,000 | 13,754,000 | 14,526,000 |
| loans | 0 | 0 | 52,650,000 | 26,012,000 | 29,431,000 | 36,304,000 |
| hp & lease commitments | 0 | 245,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 2,612,000 | 3,407,000 | 1,730,000 | 141,000 |
| other liabilities | 0 | 0 | 5,780,000 | 5,100,000 | 5,073,000 | 0 |
| provisions | 0 | 336,000 | 886,000 | 1,343,000 | 2,348,000 | 3,548,000 |
| total long term liabilities | 0 | 581,000 | 61,928,000 | 35,862,000 | 38,582,000 | 39,993,000 |
| total liabilities | 54,781,000 | 78,412,000 | 78,022,000 | 53,161,000 | 52,336,000 | 54,519,000 |
| net assets | 2,793,000 | -25,806,000 | -14,722,000 | -20,135,000 | -10,681,000 | -2,761,000 |
| total shareholders funds | 2,793,000 | -25,806,000 | -14,722,000 | -20,135,000 | -10,681,000 | -2,761,000 |
| Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -23,483,000 | -5,585,000 | -2,070,000 | -5,526,000 | -4,156,000 | -357,000 |
| Depreciation | 0 | 852,000 | 440,000 | 458,000 | 759,000 | 442,000 |
| Amortisation | 0 | 11,314,000 | 7,166,000 | 8,653,000 | 9,728,000 | 463,000 |
| Tax | 0 | 647,000 | 595,000 | 830,000 | 1,144,000 | 526,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 38,635,000 | -1,940,000 | 10,739,000 | -481,000 | -604,000 | 9,511,000 |
| Creditors | -3,575,000 | 380,000 | -304,000 | -288,000 | -613,000 | 4,112,000 |
| Accruals and Deferred Income | -12,239,000 | 7,493,000 | 3,556,000 | 1,918,000 | -236,000 | 7,888,000 |
| Deferred Taxes & Provisions | -336,000 | -550,000 | -1,462,000 | -1,005,000 | -1,200,000 | 3,548,000 |
| Cash flow from operations | -78,268,000 | 16,491,000 | -2,818,000 | 5,521,000 | 6,030,000 | 7,111,000 |
| Investing Activities | ||||||
| capital expenditure | -3,233,000 | -20,323,000 | -3,742,000 | -3,948,000 | 12,690,000 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -3,233,000 | -20,323,000 | -3,742,000 | -3,948,000 | 12,690,000 | |
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 46,239,000 | 2,080,000 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -28,859,000 | 28,859,000 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -52,650,000 | 23,219,000 | -3,419,000 | -6,873,000 | 36,304,000 |
| Hire Purchase and Lease Commitments | -448,000 | 245,000 | 203,000 | 0 | 0 | 0 |
| other long term liabilities | 0 | -5,780,000 | 707,000 | 27,000 | 5,073,000 | 0 |
| share issue | ||||||
| interest | 1,392,000 | -6,207,000 | -4,016,000 | -4,766,000 | -4,909,000 | -397,000 |
| cash flow from financing | 69,014,000 | -33,392,000 | 21,563,000 | -8,150,000 | -6,708,000 | 36,947,000 |
| cash and cash equivalents | ||||||
| cash | -6,921,000 | 230,000 | -2,860,000 | -2,778,000 | -2,889,000 | 12,473,000 |
| overdraft | -24,413,000 | 20,313,000 | -233,000 | 3,592,000 | 1,666,000 | 2,667,000 |
| change in cash | 17,492,000 | -20,083,000 | -2,627,000 | -6,370,000 | -4,555,000 | 9,806,000 |
spynsol limited Credit Report and Business Information
Spynsol Limited Competitor Analysis
Perform a competitor analysis for spynsol limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in EC1A area or any other competitors across 12 key performance metrics.
spynsol limited Ownership
SPYNSOL LIMITED group structure
Spynsol Limited has 1 subsidiary company.
Ultimate parent company
LA FRANCAISE DES JEUX SA
#0060505
FDJ GAMING SOLUTIONS SUSU
#0117945
2 parents
SPYNSOL LIMITED
09474031
1 subsidiary
spynsol limited directors
Spynsol Limited currently has 5 directors. The longest serving directors include Mr Simon Trim (May 2015) and Mr Andrew Woolley (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Trim | 54 years | May 2015 | - | Director | |
| Mr Andrew Woolley | England | 61 years | Aug 2018 | - | Director |
| Mr Olivier De Laitre | France | 65 years | May 2019 | - | Director |
| Mr Pascal Blyau | England | 57 years | May 2019 | - | Director |
| Mr Xavier Etienne | France | 58 years | May 2019 | - | Director |
P&L
December 2019turnover
0
-100%
operating profit
-23.5m
+320%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
2.8m
-1.11%
total assets
57.6m
+0.09%
cash
33k
-1%
net assets
Total assets minus all liabilities
Similar Companies
spynsol limited company details
company number
09474031
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2019
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS CI LLP
address
6 snow hill, london, EC1A 2AY
Bank
-
Legal Advisor
-
spynsol 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 3 charges/mortgages relating to spynsol limited. Currently there are 0 open charges and 3 have been satisfied in the past.
spynsol 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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spynsol limited Companies House Filings - See Documents
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