Fifty Technology Limited

POWER SEARCH PRICING

SOLUTIONS

fifty technology limited Company Information

Live

YoungMidRapid

Company Number

09476244

Website

Registered Address

fifth floor 24 hanover square, london, W1S 1JD

Industry

Other information technology and computer service activities

Telephone

Next Accounts Due

September 2024

Group Structure

View All

Directors

Simon Shaw9 Years

Andrew Shaw8 Years

View All

Shareholders

gam mnl nominees ltd 39.1%

simon mark shaw 33.9%

View All

fifty technology limited Estimated Valuation

£8.9m

Pomanda estimates the enterprise value of FIFTY TECHNOLOGY LIMITED at £8.9m based on a Turnover of £10.1m and 0.89x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Fifty Technology Limited is a live company located in london, W1S 1JD with a Companies House number of 09476244. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2015, it's largest shareholder is gam mnl nominees ltd with a 39.1% stake. Fifty Technology Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.1m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Fifty Technology 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

Health Rating5out of 5

6 Strong

3 Regular

2 Weak

Size

annual sales of £10.1m, make it larger than the average company (£6.7m)

Growth

3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (5.3%)

EXPORT

Fifty Technology Limited's latest turnover from December 2022 is estimated at £10.1 million and the company has net assets of £2.2 million. According to their latest financial statements, Fifty Technology Limited has 45 employees and maintains cash reserves of £898.5 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	Dec 2016	Dec 2015
Turnover	10,073,410	10,373,509	4,965,280	4,171,047	2,681,156	681,053	564,083	84,490
Other Income Or Grants	0	0	0	0	0	0	0	0
Cost Of Sales	4,850,542	4,982,940	2,394,612	1,982,251	1,245,191	319,098	262,566	39,675
Gross Profit	5,222,868	5,390,569	2,570,668	2,188,796	1,435,964	361,955	301,517	44,814
Admin Expenses	6,224,569	7,290,174	3,480,351	2,466,631	1,651,205	938,873	120,023	137,705
Operating Profit	-1,001,701	-1,899,605	-909,683	-277,835	-215,241	-576,918	181,494	-92,891
Interest Payable	19,655	0	0	0	0	0	0	0
Interest Receivable	25,912	3,329	1,606	4,596	709	238	27	54
Pre-Tax Profit	-995,444	-1,896,276	-908,077	-273,239	-214,532	-576,680	181,521	-92,837
Tax	0	0	0	0	0	0	-36,304	0
Profit After Tax	-995,444	-1,896,276	-908,077	-273,239	-214,532	-576,680	145,217	-92,837
Dividends Paid	0	0	0	0	0	0	0	0
Retained Profit	-995,444	-1,896,276	-908,077	-273,239	-214,532	-576,680	145,217	-92,837
Employee Costs	3,058,435	2,340,000	1,406,248	900,357	635,462	276,688	217,862	55,054
Number Of Employees	45	36	23	15	11	5	4	1
EBITDA*	-911,144	-1,854,790	-899,668	-270,916	-210,623	-576,918	181,494	-90,701

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015
Tangible Assets	160,441	196,247	46,719	30,943	13,854	7,692	31,342	3,571
Intangible Assets	252,098	19,750	21,250	22,750	24,250	25,750	0	28,750
Investments & Other	8	8	8	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0
Total Fixed Assets	412,547	216,005	67,977	53,693	38,104	33,442	31,342	32,321
Stock & work in progress	0	0	0	0	0	0	0	0
Trade Debtors	2,132,441	2,401,205	1,057,931	950,851	559,184	105,412	96,754	14,797
Group Debtors	0	0	0	0	0	0	0	0
Misc Debtors	863,255	687,647	193,697	154,463	3,772	505	0	0
Cash	898,489	582,184	2,080,786	1,131,685	93,808	95,362	0	21,475
misc current assets	0	0	0	0	0	0	0	0
total current assets	3,894,185	3,671,036	3,332,414	2,236,999	656,764	201,279	96,754	36,272
total assets	4,306,732	3,887,041	3,400,391	2,290,692	694,868	234,721	128,096	68,593
Bank overdraft	413,791	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0
Trade Creditors	781,488	610,263	390,875	514,227	563,584	168,537	75,716	11,241
Group/Directors Accounts	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0
other current liabilities	936,892	1,440,905	963,592	483,305	417,670	138,924	0	0
total current liabilities	2,132,171	2,051,168	1,354,467	997,532	981,254	307,461	75,716	11,241
loans	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0
provisions	0	15,973	0	0	7,240	6,354	0	0
total long term liabilities	0	15,973	0	0	7,240	6,354	0	0
total liabilities	2,132,171	2,067,141	1,354,467	997,532	988,494	313,815	75,716	11,241
net assets	2,174,561	1,819,900	2,045,924	1,293,160	-293,626	-79,094	52,380	57,352
total shareholders funds	2,174,561	1,819,900	2,045,924	1,293,160	-293,626	-79,094	52,380	57,352

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015
Operating Activities
Operating Profit	-1,001,701	-1,899,605	-909,683	-277,835	-215,241	-576,918	181,494	-92,891
Depreciation	61,375	43,315	8,515	5,419	4,618	0	0	940
Amortisation	29,182	1,500	1,500	1,500	0	0	0	1,250
Tax	0	0	0	0	0	0	-36,304	0
Stock	0	0	0	0	0	0	0	0
Debtors	-93,156	1,837,224	146,314	542,358	457,039	9,163	81,957	14,797
Creditors	171,225	219,388	-123,352	-49,357	395,047	92,821	64,475	11,241
Accruals and Deferred Income	-504,013	477,313	480,287	65,635	278,746	138,924	0	0
Deferred Taxes & Provisions	-15,973	15,973	0	-7,240	886	6,354	0	0
Cash flow from operations	-1,166,749	-2,979,340	-689,047	-804,236	7,017	-347,982	127,708	-94,257
Investing Activities
capital expenditure	-287,099	-192,843	-24,291	-22,508	-9,280	-2,100	979	-34,511
Change in Investments	0	0	8	0	0	0	0	0
cash flow from investments	-287,099	-192,843	-24,299	-22,508	-9,280	-2,100	979	-34,511
Financing Activities
Bank loans	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0
share issue	1,350,105	1,670,252	1,660,841	1,860,025	0	445,206	-150,189	150,189
interest	6,257	3,329	1,606	4,596	709	238	27	54
cash flow from financing	1,356,362	1,673,581	1,662,447	1,864,621	709	445,444	-150,162	150,243
cash and cash equivalents
cash	316,305	-1,498,602	949,101	1,037,877	-1,554	95,362	-21,475	21,475
overdraft	413,791	0	0	0	0	0	0	0
change in cash	-97,486	-1,498,602	949,101	1,037,877	-1,554	95,362	-21,475	21,475

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for fifty technology limited. Get real-time insights into fifty technology limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for fifty technology limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

FIFTY TECHNOLOGY LIMITED group structure

Fifty Technology Limited has no subsidiary companies.

Ultimate parent company

FIFTY TECHNOLOGY LIMITED

09476244

FIFTY TECHNOLOGY LIMITED Shareholders

gam mnl nominees ltd	39.14%
simon mark shaw	33.91%
james curtis scott	3.77%
rory heron	3.58%
julian miall	2.55%
andrew shaw	2.55%
william carey evans	1.98%
ian taylor	1.7%
emma watkins	1.13%
morgan davis	1.04%

Fifty Technology Limited currently has 4 directors. The longest serving directors include Mr Simon Shaw (Mar 2015) and Mr Andrew Shaw (Aug 2015).

officer	country	age	start	end	role
Mr Simon Shaw	England	45 years	Mar 2015	-	Director
Mr Andrew Shaw		49 years	Aug 2015	-	Director
Mr James Scott	England	40 years	Oct 2015	-	Director
Mr Ashley Abrahams		34 years	Jul 2019	-	Director

P&L

December 2022

turnover

10.1m

-3%

operating profit

-1m

gross margin

51.9%

-0.22%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

2.2m

+0.19%

total assets

4.3m

+0.11%

cash

898.5k

+0.54%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

professional data management services (uk) limited

sav london limited

4.5

premcloud ltd.

2.5

skills2learn ltd

2.5

optimum contact limited

company number

09476244

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

March 2015

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

fifth floor 24 hanover square, london, W1S 1JD

last accounts submitted

December 2022

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 2 charges/mortgages relating to fifty technology limited. Currently there are 2 open charges and 0 have been satisfied in the past.

fifty technology limited Company Information

fifty technology limited Estimated Valuation

fifty technology limited Estimated Valuation

fifty technology limited Estimated Valuation

Fifty Technology Limited Overview

Fifty Technology Limited Health Check

FIFTY TECHNOLOGY LIMITED financials

fifty technology limited Credit Report and Business Information

Fifty Technology Limited Competitor Analysis

fifty technology limited Ownership

fifty technology limited directors

fifty technology limited company details

fifty technology limited Charges & Mortgages

fifty technology limited Companies House Filings - See Documents