globallogic worldwide limited
globallogic worldwide limited Company Information
Company Number
09582637
Website
www.globallogic.comRegistered Address
the colmore building, 20 colmore circus, birmingham, B4 6AT
Industry
Business and domestic software development
Other information technology and computer service activities
Telephone
-
Next Accounts Due
1173 days late
Group Structure
View All
Directors
Rodrigo Cofino3 Years
Shareholders
globallogic (uk) limited 100%
globallogic worldwide limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBALLOGIC WORLDWIDE LIMITED at £271m based on a Turnover of £150.5m and 1.8x industry multiple (adjusted for size and gross margin).
globallogic worldwide limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBALLOGIC WORLDWIDE LIMITED at £108.5m based on an EBITDA of £7.9m and a 13.65x industry multiple (adjusted for size and gross margin).
globallogic worldwide limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBALLOGIC WORLDWIDE LIMITED at £58.2m based on Net Assets of £26.6m and 2.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Globallogic Worldwide Limited Overview
Globallogic Worldwide Limited is a live company located in birmingham, B4 6AT with a Companies House number of 09582637. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2015, it's largest shareholder is globallogic (uk) limited with a 100% stake. Globallogic Worldwide Limited is a young, mega sized company, Pomanda has estimated its turnover at £150.5m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Globallogic Worldwide Limited Health Check
Pomanda's financial health check has awarded Globallogic Worldwide Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £150.5m, make it larger than the average company (£1.7m)
£150.5m - Globallogic Worldwide Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 159%, show it is growing at a faster rate (6.6%)
159% - Globallogic Worldwide Limited
6.6% - Industry AVG
Production
with a gross margin of 80.6%, this company has a lower cost of product (60.7%)
80.6% - Globallogic Worldwide Limited
60.7% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (6.5%)
3.4% - Globallogic Worldwide Limited
6.5% - Industry AVG
Employees
with 1174 employees, this is above the industry average (28)
1174 - Globallogic Worldwide Limited
28 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has a lower pay structure (£56.9k)
£34.5k - Globallogic Worldwide Limited
£56.9k - Industry AVG
Efficiency
resulting in sales per employee of £128.2k, this is equally as efficient (£125.2k)
£128.2k - Globallogic Worldwide Limited
£125.2k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (67 days)
97 days - Globallogic Worldwide Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (40 days)
22 days - Globallogic Worldwide Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Globallogic Worldwide Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (20 weeks)
7 weeks - Globallogic Worldwide Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.2%, this is a similar level of debt than the average (60.9%)
65.2% - Globallogic Worldwide Limited
60.9% - Industry AVG
GLOBALLOGIC WORLDWIDE LIMITED financials
Globallogic Worldwide Limited's latest turnover from March 2019 is £150.5 million and the company has net assets of £26.6 million. According to their latest financial statements, Globallogic Worldwide Limited has 1,174 employees and maintains cash reserves of £5.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Turnover | 150,454,984 | 95,541,140 | 48,583,296 | 8,673,134 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 29,124,942 | 22,760,435 | 16,286,292 | 2,857,497 |
| Gross Profit | 121,330,042 | 72,780,705 | 32,297,004 | 5,815,637 |
| Admin Expenses | 116,170,910 | 68,853,950 | 31,165,277 | 4,711,872 |
| Operating Profit | 5,159,132 | 3,926,755 | 1,131,727 | 1,103,765 |
| Interest Payable | 340,396 | 154,534 | 57,215 | 44,224 |
| Interest Receivable | 31,492 | 33,707 | 71,373 | 60,699 |
| Pre-Tax Profit | 4,850,230 | 3,805,928 | 1,760,422 | 1,120,241 |
| Tax | 545,961 | -924,961 | -671,443 | -290,737 |
| Profit After Tax | 5,396,191 | 2,880,967 | 1,088,979 | 829,503 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | 5,396,191 | 2,880,967 | 1,088,979 | 829,503 |
| Employee Costs | 40,502,706 | 28,440,018 | 20,657,083 | 4,077,275 |
| Number Of Employees | 1,174 | 894 | 675 | 260 |
| EBITDA* | 7,948,570 | 6,237,165 | 4,052,945 | 2,010,519 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Tangible Assets | 3,633,221 | 3,149,207 | 1,187,427 | 528,964 |
| Intangible Assets | 9,074,192 | 12,223,558 | 11,664,939 | 14,768,700 |
| Investments & Other | 1,892,336 | 1,892,336 | 1,854,733 | 0 |
| Debtors (Due After 1 year) | 296,388 | 163,302 | 179,179 | 177,148 |
| Total Fixed Assets | 14,896,137 | 17,428,403 | 14,886,278 | 15,474,813 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 40,103,199 | 26,104,613 | 8,928,323 | 4,393,230 |
| Group Debtors | 6,659,347 | 1,384,841 | 2,376,982 | 339,023 |
| Misc Debtors | 9,146,777 | 4,371,815 | 3,149,709 | 1,241,418 |
| Cash | 5,594,168 | 10,172,846 | 6,906,260 | 1,827,590 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 61,503,492 | 42,034,116 | 21,361,275 | 7,801,262 |
| total assets | 76,399,630 | 59,462,519 | 36,247,554 | 23,276,075 |
| Bank overdraft | 0 | 0 | 0 | 114,506 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,808,099 | 1,756,371 | 91,465 | 446,457 |
| Group/Directors Accounts | 32,535,376 | 22,072,678 | 9,006,246 | 1,312,218 |
| other short term finances | 0 | 230,275 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 7,137,668 | 9,152,432 | 5,115,632 | 3,030,351 |
| total current liabilities | 41,481,144 | 33,211,757 | 14,213,344 | 4,903,534 |
| loans | 7,650,524 | 3,197,919 | 3,138,588 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 156,189 | 173,889 | 77,888 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 557,264 | 888,857 | 756,110 | 1,317,603 |
| total long term liabilities | 8,363,978 | 4,260,666 | 3,972,588 | 1,317,604 |
| total liabilities | 49,845,122 | 37,472,423 | 18,185,931 | 6,221,138 |
| net assets | 26,554,508 | 21,990,096 | 18,061,623 | 17,054,937 |
| total shareholders funds | 26,554,508 | 21,990,096 | 18,061,623 | 17,054,937 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 5,159,132 | 3,926,755 | 1,131,727 | 1,103,765 |
| Depreciation | 1,199,222 | 672,848 | 504,825 | 139,703 |
| Amortisation | 1,590,216 | 1,637,563 | 2,416,394 | 767,050 |
| Tax | 545,961 | -924,961 | -671,443 | -290,737 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 24,181,141 | 17,390,377 | 8,483,374 | 6,150,820 |
| Creditors | 51,728 | 1,664,905 | -354,992 | 446,457 |
| Accruals and Deferred Income | -2,032,464 | 4,132,801 | 2,163,169 | 3,030,351 |
| Deferred Taxes & Provisions | -331,593 | 132,747 | -561,493 | 1,317,603 |
| Cash flow from operations | -17,998,939 | -6,147,719 | -3,855,187 | 363,372 |
| Investing Activities | ||||
| capital expenditure | -2,133,793 | -2,401,586 | -2,216,557 | -15,042,888 |
| Change in Investments | 0 | 37,603 | 1,854,733 | 0 |
| cash flow from investments | -2,133,793 | -2,439,189 | -4,071,290 | -15,042,888 |
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 10,462,698 | 13,066,431 | 7,694,028 | 1,312,218 |
| Other Short Term Loans | -230,275 | 230,275 | 0 | 0 |
| Long term loans | 4,452,605 | 59,331 | 3,138,588 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -308,904 | -120,827 | 14,158 | 16,475 |
| cash flow from financing | 13,544,344 | 14,282,717 | 10,764,481 | 17,554,127 |
| cash and cash equivalents | ||||
| cash | -4,578,678 | 3,266,586 | 5,078,670 | 1,827,590 |
| overdraft | 0 | 0 | -114,506 | 114,506 |
| change in cash | -4,578,678 | 3,266,586 | 5,193,176 | 1,713,084 |
globallogic worldwide limited Credit Report and Business Information
Globallogic Worldwide Limited Competitor Analysis
Perform a competitor analysis for globallogic worldwide limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
globallogic worldwide limited Ownership
GLOBALLOGIC WORLDWIDE LIMITED group structure
Globallogic Worldwide Limited has no subsidiary companies.
Ultimate parent company
GLOBALLOGIC WORLDWIDE HOLDINGS INC
#0119840
2 parents
GLOBALLOGIC WORLDWIDE LIMITED
09582637
globallogic worldwide limited directors
Globallogic Worldwide Limited currently has 1 director, Mr Rodrigo Cofino serving since Feb 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rodrigo Cofino | United States | 50 years | Feb 2021 | - | Director |
P&L
March 2019turnover
150.5m
+57%
operating profit
5.2m
+31%
gross margin
80.7%
+5.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
26.6m
+0.21%
total assets
76.4m
+0.28%
cash
5.6m
-0.45%
net assets
Total assets minus all liabilities
Similar Companies
globallogic worldwide limited company details
company number
09582637
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
62012 - Business and domestic software development
62090 - Other information technology and computer service activities
incorporation date
May 2015
age
9
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
the colmore building, 20 colmore circus, birmingham, B4 6AT
last accounts submitted
March 2019
globallogic worldwide 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 globallogic worldwide limited.
globallogic worldwide limited Companies House Filings - See Documents
| date | description | view/download |
|---|
