prodapt (uk) limited

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prodapt (uk) limited Company Information

Share PRODAPT (UK) LIMITED

Company Number

09892623

Directors

Mukul Gupta

Ravi Tibriwala

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Shareholders

prodapt solutions pvt ltd

Group Structure

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Industry

Other information technology and computer service activities

 

Registered Address

9 greyfriars road, reading, berkshire, RG1 1NU

prodapt (uk) limited Estimated Valuation

£31.9m

Pomanda estimates the enterprise value of PRODAPT (UK) LIMITED at £31.9m based on a Turnover of £36.4m and 0.88x industry multiple (adjusted for size and gross margin).

prodapt (uk) limited Estimated Valuation

£17m

Pomanda estimates the enterprise value of PRODAPT (UK) LIMITED at £17m based on an EBITDA of £2.8m and a 5.97x industry multiple (adjusted for size and gross margin).

prodapt (uk) limited Estimated Valuation

£12.7m

Pomanda estimates the enterprise value of PRODAPT (UK) LIMITED at £12.7m based on Net Assets of £5.7m and 2.25x industry multiple (adjusted for liquidity).

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Prodapt (uk) Limited Overview

Prodapt (uk) Limited is a live company located in berkshire, RG1 1NU with a Companies House number of 09892623. It operates in the other information technology service activities sector, SIC Code 62090. Founded in November 2015, it's largest shareholder is prodapt solutions pvt ltd with a 100% stake. Prodapt (uk) Limited is a established, large sized company, Pomanda has estimated its turnover at £36.4m with rapid growth in recent years.

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Prodapt (uk) Limited Health Check

Pomanda's financial health check has awarded Prodapt (Uk) Limited a 4 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

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £36.4m, make it larger than the average company (£7.5m)

£36.4m - Prodapt (uk) Limited

£7.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (9%)

48% - Prodapt (uk) Limited

9% - Industry AVG

production

Production

with a gross margin of 16.7%, this company has a higher cost of product (48.4%)

16.7% - Prodapt (uk) Limited

48.4% - Industry AVG

profitability

Profitability

an operating margin of 7.7% make it more profitable than the average company (4%)

7.7% - Prodapt (uk) Limited

4% - Industry AVG

employees

Employees

with 95 employees, this is above the industry average (43)

95 - Prodapt (uk) Limited

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £107.3k, the company has a higher pay structure (£72.5k)

£107.3k - Prodapt (uk) Limited

£72.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £382.9k, this is more efficient (£177.1k)

£382.9k - Prodapt (uk) Limited

£177.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is near the average (51 days)

49 days - Prodapt (uk) Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (35 days)

3 days - Prodapt (uk) Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Prodapt (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)

3 weeks - Prodapt (uk) Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.6%, this is a higher level of debt than the average (62.8%)

77.6% - Prodapt (uk) Limited

62.8% - Industry AVG

PRODAPT (UK) LIMITED financials

EXPORTms excel logo

Prodapt (Uk) Limited's latest turnover from March 2024 is £36.4 million and the company has net assets of £5.7 million. According to their latest financial statements, Prodapt (Uk) Limited has 95 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover36,374,15428,051,94916,738,85911,107,8115,183,7695,914,9633,466,990
Other Income Or Grants
Cost Of Sales30,319,36122,021,15812,478,4828,498,5953,873,9355,131,6963,046,950
Gross Profit6,054,7936,030,7914,260,3772,609,2161,309,834783,267420,040
Admin Expenses3,261,4484,022,8752,896,4931,813,844989,942404,698237,991138,890
Operating Profit2,793,3452,007,9161,363,884795,372319,892378,569182,049-138,890
Interest Payable543,006292,991102,40527,2804,5672,120
Interest Receivable312,426210,823549
Pre-Tax Profit2,562,7651,925,7481,261,479795,372320,441351,289177,482-138,840
Tax-702,396-361,492-237,553-143,540-69,955-66,427-11,238
Profit After Tax1,860,3691,564,2561,023,926651,832250,486284,862166,244-138,840
Dividends Paid
Retained Profit1,860,3691,564,2561,023,926651,832250,486284,862166,244-138,840
Employee Costs10,193,3069,099,2216,796,2963,248,3011,189,4381,381,8831,087,631110,303
Number Of Employees958658302023192
EBITDA*2,840,4262,051,5311,401,587807,032322,996380,032182,837-138,890

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets111,035138,542154,196113,65520,6207,8376,167
Intangible Assets
Investments & Other7,033,8427,033,8428,933,842787
Debtors (Due After 1 year)
Total Fixed Assets7,144,8777,172,3849,088,038114,44220,6207,8376,167
Stock & work in progress
Trade Debtors4,911,1114,064,2233,620,6723,171,8411,645,1831,491,155
Group Debtors7,934,3895,939,0351,919,8441,479
Misc Debtors3,983,7782,220,3332,137,8921,546,006519,832520,218164,61112,987
Cash1,316,3121,467,8152,033,328907,499718,802101,297457,53940,147
misc current assets
total current assets18,145,59013,691,4069,711,7365,626,8252,883,8172,112,670622,15053,134
total assets25,290,46720,863,79018,799,7745,741,2672,904,4372,120,507628,31753,134
Bank overdraft929
Bank loan2,059,4943,212,4352,671,994
Trade Creditors 325,199100,061273,995466,07932,66359,453208,79044,949
Group/Directors Accounts13,243,5048,372,7435,361,0172,225,8121,713,5101,126,96599,252141,925
other short term finances
hp & lease commitments
other current liabilities3,999,0352,493,3322,066,6581,834,692595,412620,794292,7715,000
total current liabilities19,627,23214,178,57110,373,6644,526,5832,341,5851,808,141600,813191,874
loans2,882,3534,287,500
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions1,900,000
total long term liabilities2,882,3536,187,500
total liabilities19,627,23217,060,92416,561,1644,526,5832,341,5851,808,141600,813191,874
net assets5,663,2353,802,8662,238,6101,214,684562,852312,36627,504-138,740
total shareholders funds5,663,2353,802,8662,238,6101,214,684562,852312,36627,504-138,740
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit2,793,3452,007,9161,363,884795,372319,892378,569182,049-138,890
Depreciation47,08143,61537,70311,6603,1041,463788
Amortisation
Tax-702,396-361,492-237,553-143,540-69,955-66,427-11,238
Stock
Debtors4,605,6874,545,1832,959,0822,554,311153,6421,846,762151,62412,987
Creditors225,138-173,934-192,084433,416-26,790-149,337163,84144,949
Accruals and Deferred Income1,505,703426,674231,9661,239,280-25,382328,023287,7715,000
Deferred Taxes & Provisions-1,900,0001,900,000
Cash flow from operations-736,816-4,502,404144,834-218,12347,227-1,354,471471,587-101,928
Investing Activities
capital expenditure-19,574-27,961-78,244-104,695-15,887-3,133-6,955
Change in Investments-1,900,0008,933,055787
cash flow from investments-19,5741,872,039-9,011,299-105,482-15,887-3,133-6,955
Financing Activities
Bank loans-1,152,941540,4412,671,994
Group/Directors Accounts4,870,7613,011,7263,135,205512,302586,5451,027,713-42,673141,925
Other Short Term Loans
Long term loans-2,882,353-1,405,1474,287,500
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-230,580-82,168-102,405549-27,280-4,567-2,120
cash flow from financing604,8872,064,8529,992,294512,302587,0941,000,433-47,240139,905
cash and cash equivalents
cash-151,503-565,5131,125,829188,697617,505-356,242417,39240,147
overdraft-929929
change in cash-151,503-565,5131,125,829188,697618,434-357,171417,39240,147

prodapt (uk) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Prodapt (uk) Limited Competitor Analysis

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Perform a competitor analysis for prodapt (uk) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in RG1 area or any other competitors across 12 key performance metrics.

prodapt (uk) limited Ownership

PRODAPT (UK) LIMITED group structure

Prodapt (Uk) Limited has 1 subsidiary company.

Ultimate parent company

PRODAPT SOLUTIONS PVT LTD

#0115611

1 parent

PRODAPT (UK) LIMITED

09892623

1 subsidiary

PRODAPT (UK) LIMITED Shareholders

prodapt solutions pvt ltd 100%

prodapt (uk) limited directors

Prodapt (Uk) Limited currently has 3 directors. The longest serving directors include Mukul Gupta (Dec 2023) and Ravi Tibriwala (Feb 2025).

officercountryagestartendrole
Mukul GuptaUnited Kingdom54 years Dec 2023- Director
Ravi TibriwalaUnited Kingdom45 years Feb 2025- Director
Udayabhaskar VupatiUnited Kingdom44 years Feb 2025- Director

P&L

March 2024

turnover

36.4m

+30%

operating profit

2.8m

+39%

gross margin

16.7%

-22.57%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

5.7m

+0.49%

total assets

25.3m

+0.21%

cash

1.3m

-0.1%

net assets

Total assets minus all liabilities

prodapt (uk) limited company details

company number

09892623

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

November 2015

age

10

incorporated

UK

ultimate parent company

PRODAPT SOLUTIONS PVT LTD

accounts

Full Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

KNAV V LIMITED

address

9 greyfriars road, reading, berkshire, RG1 1NU

Bank

-

Legal Advisor

-

prodapt (uk) 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 prodapt (uk) limited.

prodapt (uk) 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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prodapt (uk) limited Companies House Filings - See Documents

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