saveable limited
saveable limited Company Information
Company Number
09777255
Next Accounts
51 days late
Shareholders
plum fintech limited
Group Structure
View All
Industry
Business and domestic software development
Registered Address
floor 2 2-7 clerkenwell green, london, EC1R 0DE
Website
-saveable limited Estimated Valuation
Pomanda estimates the enterprise value of SAVEABLE LIMITED at £3.5m based on a Turnover of £3.4m and 1.03x industry multiple (adjusted for size and gross margin).
saveable limited Estimated Valuation
Pomanda estimates the enterprise value of SAVEABLE LIMITED at £0 based on an EBITDA of £-12.3k and a 6.33x industry multiple (adjusted for size and gross margin).
saveable limited Estimated Valuation
Pomanda estimates the enterprise value of SAVEABLE LIMITED at £879k based on Net Assets of £371.4k and 2.37x industry multiple (adjusted for liquidity).
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Saveable Limited Overview
Saveable Limited is a live company located in london, EC1R 0DE with a Companies House number of 09777255. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2015, it's largest shareholder is plum fintech limited with a 100% stake. Saveable Limited is a established, small sized company, Pomanda has estimated its turnover at £3.4m with rapid growth in recent years.
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Saveable Limited Health Check
Pomanda's financial health check has awarded Saveable Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £3.4m, make it in line with the average company (£3.2m)
£3.4m - Saveable Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 455%, show it is growing at a faster rate (8.3%)
- Saveable Limited
8.3% - Industry AVG
Production
with a gross margin of 88%, this company has a lower cost of product (72.1%)
88% - Saveable Limited
72.1% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (3.6%)
-0.4% - Saveable Limited
3.6% - Industry AVG
Employees
with 32 employees, this is similar to the industry average (28)
- Saveable Limited
28 - Industry AVG
Pay Structure
on an average salary of £65.6k, the company has an equivalent pay structure (£65.6k)
- Saveable Limited
£65.6k - Industry AVG
Efficiency
resulting in sales per employee of £107.5k, this is equally as efficient (£109.9k)
- Saveable Limited
£109.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Saveable Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (47 days)
8 days - Saveable Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Saveable Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 741 weeks, this is more cash available to meet short term requirements (20 weeks)
741 weeks - Saveable Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7%, this is a lower level of debt than the average (61.5%)
7% - Saveable Limited
61.5% - Industry AVG
SAVEABLE LIMITED financials
Saveable Limited's latest turnover from March 2023 is £3.4 million and the company has net assets of £371.4 thousand. According to their latest financial statements, we estimate that Saveable Limited has 32 employees and maintains cash reserves of £399.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 3,440,796 | 2,140,376 | 0 | 0 | 0 | 0 | |
| Other Income Or Grants | 0 | 0 | |||||
| Cost Of Sales | 412,667 | 189,298 | |||||
| Gross Profit | 3,028,129 | 1,951,078 | |||||
| Admin Expenses | 3,040,404 | 1,954,720 | |||||
| Operating Profit | -12,275 | -3,642 | -3,950 | -324,664 | -462,491 | -103,257 | |
| Interest Payable | 3 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 9 | 11 | 17 | 0 | |
| Pre-Tax Profit | -12,278 | -3,642 | -3,941 | -324,653 | -462,474 | -103,257 | |
| Tax | 0 | 0 | 47,318 | 62,463 | 12,405 | 0 | |
| Profit After Tax | -12,278 | -3,642 | 43,377 | -262,190 | -450,069 | -103,257 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -12,278 | -3,642 | 43,377 | -262,190 | -450,069 | -103,257 | |
| Employee Costs | 0 | 116,904 | 148,770 | 0 | |||
| Number Of Employees | 3 | 5 | 2 | ||||
| EBITDA* | -12,275 | -3,642 | -3,950 | -322,108 | -461,682 | -103,226 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 6,828 | 8,261 | 1,035 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 3,900 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 6,828 | 12,161 | 1,035 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 3,900 | 0 | 7,164 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 8,528 | 37,172 | 0 |
| Cash | 399,358 | 399,793 | 399,957 | 1,117 | 3,943 | 228,498 | 59,023 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 399,358 | 399,793 | 399,957 | 1,117 | 16,371 | 265,670 | 66,187 |
| total assets | 399,358 | 399,793 | 399,957 | 1,117 | 23,199 | 277,831 | 67,222 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,607 | 0 | 9,607 | 0 | 67,208 | 10,159 | 8,379 |
| Group/Directors Accounts | 15,321 | 16,148 | 0 | 0 | 115 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,063 | 0 | 3,063 | 9,607 | 7,743 | 57,349 | 0 |
| total current liabilities | 27,991 | 16,148 | 12,670 | 9,607 | 75,066 | 67,508 | 8,379 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 27,991 | 16,148 | 12,670 | 9,607 | 75,066 | 67,508 | 8,379 |
| net assets | 371,367 | 383,645 | 387,287 | -8,490 | -51,867 | 210,323 | 58,843 |
| total shareholders funds | 371,367 | 383,645 | 387,287 | -8,490 | -51,867 | 210,323 | 58,843 |
| Mar 2023 | Mar 2022 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -12,275 | -3,642 | -3,950 | -324,664 | -462,491 | -103,257 | |
| Depreciation | 0 | 0 | 0 | 0 | 2,556 | 809 | 31 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 47,318 | 62,463 | 12,405 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | -12,428 | -28,644 | 33,908 | 7,164 |
| Creditors | 9,607 | 0 | 9,607 | -67,208 | 57,049 | 1,780 | 8,379 |
| Accruals and Deferred Income | 3,063 | 0 | -6,544 | 1,864 | -49,606 | 57,349 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 395 | -3,642 | -9,548 | -223,558 | -424,056 | -102,011 | |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | -1,123 | -8,035 | -1,066 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | -1,123 | -8,035 | -1,066 | |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -827 | 16,148 | 0 | -115 | 115 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -3 | 0 | 9 | 11 | 17 | 0 | |
| cash flow from financing | -830 | 403,435 | -106 | 126 | 601,566 | 162,100 | |
| cash and cash equivalents | |||||||
| cash | -435 | 399,793 | 398,840 | -2,826 | -224,555 | 169,475 | 59,023 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -435 | 399,793 | 398,840 | -2,826 | -224,555 | 169,475 | 59,023 |
saveable limited Credit Report and Business Information
Saveable Limited Competitor Analysis
Perform a competitor analysis for saveable limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC1R area or any other competitors across 12 key performance metrics.
saveable limited Ownership
SAVEABLE LIMITED group structure
Saveable Limited has no subsidiary companies.
saveable limited directors
Saveable Limited currently has 2 directors. The longest serving directors include Mr Victor Trokoudes (Jul 2020) and Mr Apostolos Foteinakis (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Victor Trokoudes | England | 41 years | Jul 2020 | - | Director |
| Mr Apostolos Foteinakis | England | 42 years | Jul 2024 | - | Director |
P&L
March 2023turnover
3.4m
+61%
operating profit
-12.3k
+237%
gross margin
88.1%
-3.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
371.4k
-0.03%
total assets
399.4k
0%
cash
399.4k
0%
net assets
Total assets minus all liabilities
saveable limited company details
company number
09777255
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
SHIPLEYS LLP
address
floor 2 2-7 clerkenwell green, london, EC1R 0DE
Bank
-
Legal Advisor
-
saveable 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 1 charges/mortgages relating to saveable limited. Currently there are 1 open charges and 0 have been satisfied in the past.
saveable 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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saveable limited Companies House Filings - See Documents
| date | description | view/download |
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