avid technologies limited
avid technologies limited Company Information
Company Number
09884279
Next Accounts
Aug 2025
Directors
Shareholders
s. adusumilli
babu rajendra prasad koya
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
36 high ash drive, leeds, LS17 8RA
Website
avidtp.comavid technologies limited Estimated Valuation
Pomanda estimates the enterprise value of AVID TECHNOLOGIES LIMITED at £38.1k based on a Turnover of £74.4k and 0.51x industry multiple (adjusted for size and gross margin).
avid technologies limited Estimated Valuation
Pomanda estimates the enterprise value of AVID TECHNOLOGIES LIMITED at £181k based on an EBITDA of £50.2k and a 3.61x industry multiple (adjusted for size and gross margin).
avid technologies limited Estimated Valuation
Pomanda estimates the enterprise value of AVID TECHNOLOGIES LIMITED at £219.8k based on Net Assets of £96.1k and 2.29x industry multiple (adjusted for liquidity).
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Avid Technologies Limited Overview
Avid Technologies Limited is a live company located in leeds, LS17 8RA with a Companies House number of 09884279. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2015, it's largest shareholder is s. adusumilli with a 50% stake. Avid Technologies Limited is a established, micro sized company, Pomanda has estimated its turnover at £74.4k with declining growth in recent years.
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Avid Technologies Limited Health Check
Pomanda's financial health check has awarded Avid Technologies Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £74.4k, make it smaller than the average company (£1.4m)
- Avid Technologies Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (7.2%)
- Avid Technologies Limited
7.2% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (48.2%)
- Avid Technologies Limited
48.2% - Industry AVG
Profitability
an operating margin of 67.4% make it more profitable than the average company (6.7%)
- Avid Technologies Limited
6.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
- Avid Technologies Limited
12 - Industry AVG
Pay Structure
on an average salary of £57k, the company has an equivalent pay structure (£57k)
- Avid Technologies Limited
£57k - Industry AVG
Efficiency
resulting in sales per employee of £74.4k, this is less efficient (£125.9k)
- Avid Technologies Limited
£125.9k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (63 days)
- Avid Technologies Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 140 days, this is slower than average (29 days)
- Avid Technologies Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Avid Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 222 weeks, this is more cash available to meet short term requirements (18 weeks)
222 weeks - Avid Technologies Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.2%, this is a lower level of debt than the average (58%)
18.2% - Avid Technologies Limited
58% - Industry AVG
AVID TECHNOLOGIES LIMITED financials
Avid Technologies Limited's latest turnover from November 2023 is estimated at £74.4 thousand and the company has net assets of £96.1 thousand. According to their latest financial statements, we estimate that Avid Technologies Limited has 1 employee and maintains cash reserves of £91.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 2 | 2 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | ||||||||
| Stock & work in progress | ||||||||
| Trade Debtors | 26,413 | 9,098 | 23,722 | 25,080 | 13,200 | |||
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | 91,052 | 59,241 | 48,465 | 34,828 | 52,331 | 51,451 | 50,460 | 25,315 |
| misc current assets | ||||||||
| total current assets | 117,465 | 68,339 | 48,465 | 58,550 | 77,411 | 64,651 | 50,460 | 25,315 |
| total assets | 117,465 | 68,339 | 48,465 | 58,550 | 77,411 | 64,651 | 50,460 | 25,315 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 21,317 | 12,766 | 10,196 | 33,051 | 35,680 | 26,469 | 20,329 | 11,449 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 21,317 | 12,766 | 10,196 | 33,051 | 35,680 | 26,469 | 20,329 | 11,449 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 21,317 | 12,766 | 10,196 | 33,051 | 35,680 | 26,469 | 20,329 | 11,449 |
| net assets | 96,148 | 55,573 | 38,269 | 25,499 | 41,731 | 38,182 | 30,131 | 13,866 |
| total shareholders funds | 96,148 | 55,573 | 38,269 | 25,499 | 41,731 | 38,182 | 30,131 | 13,866 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 17,315 | 9,098 | -23,722 | -1,358 | 11,880 | 13,200 | ||
| Creditors | 8,551 | 2,570 | -22,855 | -2,629 | 9,211 | 6,140 | 8,880 | 11,449 |
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 31,811 | 10,776 | 13,637 | -17,503 | 880 | 991 | 25,145 | 25,315 |
| overdraft | ||||||||
| change in cash | 31,811 | 10,776 | 13,637 | -17,503 | 880 | 991 | 25,145 | 25,315 |
avid technologies limited Credit Report and Business Information
Avid Technologies Limited Competitor Analysis
Perform a competitor analysis for avid technologies limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LS17 area or any other competitors across 12 key performance metrics.
avid technologies limited Ownership
AVID TECHNOLOGIES LIMITED group structure
Avid Technologies Limited has no subsidiary companies.
Ultimate parent company
AVID TECHNOLOGIES LIMITED
09884279
avid technologies limited directors
Avid Technologies Limited currently has 1 director, Mr Babu Koya serving since Nov 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Babu Koya | England | 50 years | Nov 2015 | - | Director |
P&L
November 2023turnover
74.4k
+164%
operating profit
50.2k
0%
gross margin
25.8%
-8.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
96.1k
+0.73%
total assets
117.5k
+0.72%
cash
91.1k
+0.54%
net assets
Total assets minus all liabilities
avid technologies limited company details
company number
09884279
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
36 high ash drive, leeds, LS17 8RA
Bank
-
Legal Advisor
-
avid technologies 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 avid technologies limited.
avid technologies 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.
Click to start generating capital raising & share issue transactions for AVID TECHNOLOGIES LIMITED. This can take several minutes, an email will notify you when this has completed.
avid technologies limited Companies House Filings - See Documents
| date | description | view/download |
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