rebcat technology limited
rebcat technology limited Company Information
Company Number
09734441
Next Accounts
76 days late
Industry
Business and domestic software development
Directors
Shareholders
anthony jackson morrow
duncan russell cameron
Group Structure
View All
Contact
Registered Address
76 king street, manchester, M2 4NH
Website
https://www.open-money.co.ukrebcat technology limited Estimated Valuation
Pomanda estimates the enterprise value of REBCAT TECHNOLOGY LIMITED at £490.8k based on a Turnover of £740.7k and 0.66x industry multiple (adjusted for size and gross margin).
rebcat technology limited Estimated Valuation
Pomanda estimates the enterprise value of REBCAT TECHNOLOGY LIMITED at £0 based on an EBITDA of £-8.4m and a 4.08x industry multiple (adjusted for size and gross margin).
rebcat technology limited Estimated Valuation
Pomanda estimates the enterprise value of REBCAT TECHNOLOGY LIMITED at £0 based on Net Assets of £-38.4m and 2.35x industry multiple (adjusted for liquidity).
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Rebcat Technology Limited Overview
Rebcat Technology Limited is a live company located in manchester, M2 4NH with a Companies House number of 09734441. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2015, it's largest shareholder is anthony jackson morrow with a 50% stake. Rebcat Technology Limited is a young, small sized company, Pomanda has estimated its turnover at £740.7k with rapid growth in recent years.
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Rebcat Technology Limited Health Check
Pomanda's financial health check has awarded Rebcat Technology Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £740.7k, make it smaller than the average company (£3.8m)
£740.7k - Rebcat Technology Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 214%, show it is growing at a faster rate (7.7%)
214% - Rebcat Technology Limited
7.7% - Industry AVG
Production
with a gross margin of 38%, this company has a higher cost of product (71.6%)
38% - Rebcat Technology Limited
71.6% - Industry AVG
Profitability
an operating margin of -1145.2% make it less profitable than the average company (3.6%)
-1145.2% - Rebcat Technology Limited
3.6% - Industry AVG
Employees
with 96 employees, this is above the industry average (34)
96 - Rebcat Technology Limited
34 - Industry AVG
Pay Structure
on an average salary of £65.6k, the company has an equivalent pay structure (£67.6k)
£65.6k - Rebcat Technology Limited
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £7.7k, this is less efficient (£113.6k)
£7.7k - Rebcat Technology Limited
£113.6k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (60 days)
16 days - Rebcat Technology Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 170 days, this is slower than average (48 days)
170 days - Rebcat Technology Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Rebcat Technology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 129 weeks, this is more cash available to meet short term requirements (19 weeks)
129 weeks - Rebcat Technology Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1428.4%, this is a higher level of debt than the average (62.2%)
1428.4% - Rebcat Technology Limited
62.2% - Industry AVG
REBCAT TECHNOLOGY LIMITED financials
Rebcat Technology Limited's latest turnover from December 2022 is £740.7 thousand and the company has net assets of -£38.4 million. According to their latest financial statements, Rebcat Technology Limited has 96 employees and maintains cash reserves of £1.7 million 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 740,678 | 592,658 | 582,077 | 24,000 | 24,000 | 15,999 | |
| Other Income Or Grants | 0 | 0 | 0 | ||||
| Cost Of Sales | 459,104 | 565,794 | 371,329 | ||||
| Gross Profit | 281,574 | 26,864 | 210,748 | ||||
| Admin Expenses | 8,763,564 | 8,158,836 | 6,995,103 | ||||
| Operating Profit | -8,481,990 | -8,131,972 | -6,784,355 | -6,494,009 | -3,423,192 | -1,399,641 | -796,265 |
| Interest Payable | 2,109,910 | 1,197,611 | 811,974 | 498,258 | 209,141 | 73,192 | 20,000 |
| Interest Receivable | 978 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -10,590,922 | -9,329,583 | -7,596,329 | -6,992,267 | -3,632,333 | -1,472,833 | -816,265 |
| Tax | 748,020 | 713,794 | 575,331 | 477,000 | 516,062 | 0 | 0 |
| Profit After Tax | -9,842,902 | -8,615,789 | -7,020,998 | -6,515,267 | -3,116,271 | -1,472,833 | -816,265 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -9,842,902 | -8,615,789 | -7,020,998 | -6,515,267 | -3,116,271 | -1,472,833 | -816,265 |
| Employee Costs | 6,299,840 | 5,340,970 | 3,689,997 | 842,492 | 374,046 | ||
| Number Of Employees | 96 | 85 | 91 | 26 | 19 | 28 | |
| EBITDA* | -8,447,454 | -8,051,242 | -6,710,142 | -6,467,858 | -3,404,836 | -1,387,825 | -791,139 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 35,598 | 53,366 | 64,980 | 53,700 | 34,312 | 34,510 | 22,798 |
| Intangible Assets | 0 | 0 | 166,750 | 210,250 | 0 | 0 | 0 |
| Investments & Other | 18,202 | 18,202 | 16,200 | 1,301,200 | 601,200 | 1,200 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 53,800 | 71,568 | 247,930 | 1,565,150 | 635,512 | 35,710 | 22,798 |
| Stock & work in progress | 0 | 0 | 32,500 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,924 | 1,973 | 3,708 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,125,994 | 1,660,336 | 826,511 | 975,159 | 644,362 | 280,925 | 107,542 |
| Cash | 1,674,422 | 2,318,974 | 726,032 | 62,703 | 69,258 | 7,094 | 30,613 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,834,340 | 3,981,283 | 1,588,751 | 1,037,862 | 713,620 | 288,019 | 138,155 |
| total assets | 2,888,140 | 4,052,851 | 1,836,681 | 2,603,012 | 1,349,132 | 323,729 | 160,953 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 214,886 | 331,415 | 743,271 | 652,104 | 749,577 | 305,968 | 66,691 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 456,605 | 526,738 | 443,534 | 282,001 | 107,181 | 106,261 | 144,518 |
| total current liabilities | 671,491 | 858,153 | 1,186,805 | 984,105 | 856,758 | 412,229 | 211,209 |
| loans | 35,741,992 | 28,981,992 | 18,640,380 | 12,740,380 | 5,596,992 | 2,108,992 | 725,928 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 4,839,972 | 2,735,119 | 1,916,120 | 799,146 | 300,734 | 91,589 | 40,064 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 40,581,964 | 31,717,111 | 20,556,500 | 13,539,526 | 5,897,726 | 2,200,581 | 765,992 |
| total liabilities | 41,253,455 | 32,575,264 | 21,743,305 | 14,523,631 | 6,754,484 | 2,612,810 | 977,201 |
| net assets | -38,365,315 | -28,522,413 | -19,906,624 | -11,920,619 | -5,405,352 | -2,289,081 | -816,248 |
| total shareholders funds | -38,365,315 | -28,522,413 | -19,906,624 | -11,920,619 | -5,405,352 | -2,289,081 | -816,248 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -8,481,990 | -8,131,972 | -6,784,355 | -6,494,009 | -3,423,192 | -1,399,641 | -796,265 |
| Depreciation | 34,536 | 37,230 | 30,713 | 18,901 | 18,356 | 11,816 | 5,126 |
| Amortisation | 0 | 43,500 | 43,500 | 7,250 | 0 | 0 | 0 |
| Tax | 748,020 | 713,794 | 575,331 | 477,000 | 516,062 | 0 | 0 |
| Stock | 0 | -32,500 | 32,500 | 0 | 0 | 0 | 0 |
| Debtors | -502,391 | 832,090 | -144,940 | 330,797 | 363,437 | 173,383 | 107,542 |
| Creditors | -116,529 | -411,856 | 91,167 | -97,473 | 443,609 | 239,277 | 66,691 |
| Accruals and Deferred Income | -70,133 | 83,204 | 161,533 | 174,820 | 920 | -38,257 | 144,518 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -7,383,705 | -8,465,690 | -5,769,671 | -6,244,308 | -2,807,682 | -1,360,188 | -687,472 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | ||||
| Change in Investments | 0 | 2,002 | -1,285,000 | 700,000 | 600,000 | 1,200 | 0 |
| cash flow from investments | 0 | -2,002 | 1,285,000 | ||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 |
| Long term loans | 6,760,000 | 10,341,612 | 5,900,000 | 7,143,388 | 3,488,000 | 1,383,064 | 725,928 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 2,104,853 | 818,999 | 1,116,974 | 498,412 | 209,145 | 51,525 | 40,064 |
| share issue | |||||||
| interest | -2,108,932 | -1,197,611 | -811,974 | -498,258 | -209,141 | -73,192 | -20,000 |
| cash flow from financing | 6,755,921 | 9,963,000 | 5,189,993 | 7,193,542 | 3,488,004 | 1,361,397 | 746,009 |
| cash and cash equivalents | |||||||
| cash | -644,552 | 1,592,942 | 663,329 | -6,555 | 62,164 | -23,519 | 30,613 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -644,552 | 1,592,942 | 663,329 | -6,555 | 62,164 | -23,519 | 30,613 |
rebcat technology limited Credit Report and Business Information
Rebcat Technology Limited Competitor Analysis
Perform a competitor analysis for rebcat technology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 2 area or any other competitors across 12 key performance metrics.
rebcat technology limited Ownership
REBCAT TECHNOLOGY LIMITED group structure
Rebcat Technology Limited has 4 subsidiary companies.
Ultimate parent company
REBCAT TECHNOLOGY LIMITED
09734441
4 subsidiaries
rebcat technology limited directors
Rebcat Technology Limited currently has 1 director, Mr Anthony Morrow serving since Sep 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Morrow | 50 years | Sep 2023 | - | Director |
P&L
December 2022turnover
740.7k
+25%
operating profit
-8.5m
+4%
gross margin
38.1%
+738.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-38.4m
+0.35%
total assets
2.9m
-0.29%
cash
1.7m
-0.28%
net assets
Total assets minus all liabilities
rebcat technology limited company details
company number
09734441
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
August 2015
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2022
previous names
openmoney limited (October 2023)
e-vest limited (March 2019)
accountant
-
auditor
AMS ACCOUNTANTS CORPORATE LTD
address
76 king street, manchester, M2 4NH
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
rebcat technology 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 rebcat technology limited.
rebcat technology 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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rebcat technology limited Companies House Filings - See Documents
| date | description | view/download |
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