patsnap (uk) ltd
patsnap (uk) ltd Company Information
Company Number
09492371
Website
www.patsnap.comRegistered Address
building 3 chiswick business par, 566 chiswick high road, london, W4 5YA
Industry
Computer consultancy activities
Telephone
442308806999
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
patsnap pte ltd 100%
patsnap (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of PATSNAP (UK) LTD at £66.9m based on a Turnover of £36.8m and 1.82x industry multiple (adjusted for size and gross margin).
patsnap (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of PATSNAP (UK) LTD at £74.9m based on an EBITDA of £5.7m and a 13.05x industry multiple (adjusted for size and gross margin).
patsnap (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of PATSNAP (UK) LTD at £0 based on Net Assets of £-1.9m and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Patsnap (uk) Ltd Overview
Patsnap (uk) Ltd is a live company located in london, W4 5YA with a Companies House number of 09492371. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2015, it's largest shareholder is patsnap pte ltd with a 100% stake. Patsnap (uk) Ltd is a young, large sized company, Pomanda has estimated its turnover at £36.8m with healthy growth in recent years.
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Patsnap (uk) Ltd Health Check
Pomanda's financial health check has awarded Patsnap (Uk) Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £36.8m, make it larger than the average company (£1.9m)
£36.8m - Patsnap (uk) Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (8%)
15% - Patsnap (uk) Ltd
8% - Industry AVG
Production
with a gross margin of 82.6%, this company has a lower cost of product (45.3%)
82.6% - Patsnap (uk) Ltd
45.3% - Industry AVG
Profitability
an operating margin of 15.2% make it more profitable than the average company (6.8%)
15.2% - Patsnap (uk) Ltd
6.8% - Industry AVG
Employees
with 118 employees, this is above the industry average (15)
118 - Patsnap (uk) Ltd
15 - Industry AVG
Pay Structure
on an average salary of £94.3k, the company has a higher pay structure (£58.4k)
£94.3k - Patsnap (uk) Ltd
£58.4k - Industry AVG
Efficiency
resulting in sales per employee of £311.8k, this is more efficient (£135.2k)
£311.8k - Patsnap (uk) Ltd
£135.2k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (61 days)
65 days - Patsnap (uk) Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (27 days)
13 days - Patsnap (uk) Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Patsnap (uk) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (18 weeks)
29 weeks - Patsnap (uk) Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.8%, this is a higher level of debt than the average (56.8%)
109.8% - Patsnap (uk) Ltd
56.8% - Industry AVG
PATSNAP (UK) LTD financials
Patsnap (Uk) Ltd's latest turnover from December 2023 is £36.8 million and the company has net assets of -£1.9 million. According to their latest financial statements, Patsnap (Uk) Ltd has 118 employees and maintains cash reserves of £11.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 36,797,887 | 30,761,889 | 26,502,561 | 24,295,096 | 24,758,184 | 20,751,047 | 13,341,821 | 7,730,217 | 648,734 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 6,392,835 | 2,798,413 | 2,467,043 | 2,202,767 | 2,213,946 | 1,867,594 | 1,067,350 | 0 | |
| Gross Profit | 30,405,052 | 27,963,476 | 24,035,518 | 22,092,329 | 22,544,238 | 18,883,453 | 12,274,471 | 7,730,217 | |
| Admin Expenses | 24,821,087 | 28,102,209 | 26,630,764 | 19,313,626 | 22,360,763 | 23,094,877 | 19,003,577 | 7,819,718 | |
| Operating Profit | 5,583,965 | -138,733 | -2,595,246 | 2,778,703 | 183,475 | -4,211,424 | -6,729,106 | -89,501 | -655,140 |
| Interest Payable | 5,106 | 0 | 0 | 0 | 461 | 0 | 0 | 0 | 0 |
| Interest Receivable | 378,970 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 5,957,829 | -138,733 | -2,595,246 | 2,778,703 | 183,014 | -4,211,424 | -6,860,747 | -89,501 | -655,140 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 5,957,829 | -138,733 | -2,595,246 | 2,778,703 | 183,014 | -4,211,424 | -6,860,747 | -89,501 | -655,140 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 5,957,829 | -138,733 | -2,595,246 | 2,778,703 | 183,014 | -4,211,424 | -6,860,747 | -89,501 | -655,140 |
| Employee Costs | 11,130,976 | 10,252,063 | 8,810,678 | 8,578,760 | 9,026,215 | 11,260,659 | 8,804,314 | 3,980,771 | 1,106,291 |
| Number Of Employees | 118 | 115 | 97 | 106 | 145 | 185 | 161 | 80 | 38 |
| EBITDA* | 5,739,853 | -57,198 | -2,529,185 | 3,120,109 | 1,311,573 | -3,890,628 | -6,551,591 | -45,567 | -655,140 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 198,893 | 177,383 | 99,718 | 77,498 | 400,934 | 499,517 | 690,362 | 161,850 | 58,701 |
| Intangible Assets | 118,959 | 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 | 317,852 | 177,383 | 99,718 | 77,498 | 400,934 | 499,517 | 690,362 | 161,850 | 58,701 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,576,777 | 4,018,914 | 3,254,593 | 2,921,731 | 2,632,988 | 3,098,430 | 2,570,327 | 2,408,615 | 1,649,774 |
| Group Debtors | 0 | 0 | 0 | 171,434 | 131,707 | 3,477 | 0 | 1,218,639 | 0 |
| Misc Debtors | 718,732 | 533,174 | 927,426 | 347,806 | 1,133,889 | 1,602,143 | 936,666 | 618,120 | 468,914 |
| Cash | 11,916,702 | 16,895,664 | 11,126,268 | 8,096,820 | 3,413,300 | 1,786,850 | 1,309,898 | 4,041,665 | 418,457 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,212,211 | 21,447,752 | 15,308,287 | 11,537,791 | 7,311,884 | 6,490,900 | 4,816,891 | 8,287,039 | 2,537,145 |
| total assets | 19,530,063 | 21,625,135 | 15,408,005 | 11,615,289 | 7,712,818 | 6,990,417 | 5,507,253 | 8,448,889 | 2,595,846 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 229,160 | 212,052 | 381,170 | 138,588 | 259,122 | 836,760 | 626,087 | 22,703 | 87,722 |
| Group/Directors Accounts | 3,485,362 | 13,418,753 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 86,872 | 0 | 0 | 0 | 261,037 | 0 | 0 | 0 | 0 |
| other current liabilities | 17,552,320 | 16,080,227 | 23,276,593 | 19,596,751 | 18,067,834 | 16,835,105 | 10,860,336 | 9,839,865 | 5,505,023 |
| total current liabilities | 21,353,714 | 29,711,032 | 23,657,763 | 19,735,339 | 18,587,993 | 17,671,865 | 11,486,423 | 9,862,568 | 5,592,745 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 86,175 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 61,668 | 61,102 | 366,885 | 571,693 | 1,340,453 | 2,068,992 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 86,175 | 61,668 | 61,102 | 366,885 | 571,693 | 1,340,453 | 2,068,992 | 0 | 0 |
| total liabilities | 21,439,889 | 29,772,700 | 23,718,865 | 20,102,224 | 19,159,686 | 19,012,318 | 13,555,415 | 9,862,568 | 5,592,745 |
| net assets | -1,909,826 | -8,147,565 | -8,310,860 | -8,486,935 | -11,446,868 | -12,021,901 | -8,048,162 | -1,413,679 | -2,996,899 |
| total shareholders funds | -1,909,826 | -8,147,565 | -8,310,860 | -8,486,935 | -11,446,868 | -12,021,901 | -8,048,162 | -1,413,679 | -2,996,899 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 5,583,965 | -138,733 | -2,595,246 | 2,778,703 | 183,475 | -4,211,424 | -6,729,106 | -89,501 | -655,140 |
| Depreciation | 106,905 | 81,535 | 66,061 | 341,406 | 1,128,098 | 320,796 | 177,515 | 43,934 | 0 |
| Amortisation | 48,983 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,743,421 | 370,069 | 741,048 | -457,613 | -805,466 | 1,197,057 | -738,381 | 2,126,686 | 2,118,688 |
| Creditors | 17,108 | -169,118 | 242,582 | -120,534 | -577,638 | 210,673 | 603,384 | -65,019 | 87,722 |
| Accruals and Deferred Income | 1,472,093 | -7,196,366 | 3,679,842 | 1,528,917 | 1,232,729 | 5,974,769 | 1,020,471 | 4,334,842 | 5,505,023 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 4,485,633 | -7,792,751 | 652,191 | 4,986,105 | 2,772,130 | 1,097,757 | -4,189,355 | 2,818,917 | |
| 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 | -9,933,391 | 13,418,753 | 0 | 0 | 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 | 173,047 | 0 | 0 | -261,037 | 261,037 | 0 | 0 | 0 | 0 |
| other long term liabilities | -61,668 | 566 | -305,783 | -204,808 | -768,760 | -728,539 | 2,068,992 | 0 | 0 |
| share issue | |||||||||
| interest | 373,864 | 0 | 0 | 0 | -461 | 0 | 0 | 0 | 0 |
| cash flow from financing | -9,168,238 | 13,721,347 | 2,465,538 | -284,615 | -116,165 | -490,854 | 2,295,256 | 1,672,721 | -2,341,759 |
| cash and cash equivalents | |||||||||
| cash | -4,978,962 | 5,769,396 | 3,029,448 | 4,683,520 | 1,626,450 | 476,952 | -2,731,767 | 3,623,208 | 418,457 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,978,962 | 5,769,396 | 3,029,448 | 4,683,520 | 1,626,450 | 476,952 | -2,731,767 | 3,623,208 | 418,457 |
patsnap (uk) ltd Credit Report and Business Information
Patsnap (uk) Ltd Competitor Analysis
Perform a competitor analysis for patsnap (uk) ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in W 4 area or any other competitors across 12 key performance metrics.
patsnap (uk) ltd Ownership
PATSNAP (UK) LTD group structure
Patsnap (Uk) Ltd has no subsidiary companies.
Ultimate parent company
PATSNAP LTD
#0112988
PATSNAP PTE LTD
#0020396
2 parents
PATSNAP (UK) LTD
09492371
patsnap (uk) ltd directors
Patsnap (Uk) Ltd currently has 2 directors. The longest serving directors include Mr Edmund Yong (Mar 2015) and Ms Yilan Chen (Mar 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edmund Yong | United Kingdom | 64 years | Mar 2015 | - | Director |
| Ms Yilan Chen | United Kingdom | 44 years | Mar 2024 | - | Director |
P&L
December 2023turnover
36.8m
+20%
operating profit
5.6m
-4125%
gross margin
82.7%
-9.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.9m
-0.77%
total assets
19.5m
-0.1%
cash
11.9m
-0.29%
net assets
Total assets minus all liabilities
patsnap (uk) ltd company details
company number
09492371
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
building 3 chiswick business par, 566 chiswick high road, london, W4 5YA
Bank
HSBC
Legal Advisor
-
patsnap (uk) 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 patsnap (uk) ltd.
patsnap (uk) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
