Pomanda estimates the enterprise value of NEOS VENTURES LIMITED at £7m based on a Turnover of £7.3m and 0.95x industry multiple (adjusted for size and gross margin).
neos ventures limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NEOS VENTURES LIMITED at £0 based on an EBITDA of £-24.6m and a 5.81x industry multiple (adjusted for size and gross margin).
neos ventures limitedEstimated Valuation
£59.5m
Pomanda estimates the enterprise value of NEOS VENTURES LIMITED at £59.5m based on Net Assets of £30m and 1.98x industry multiple (adjusted for liquidity).
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Neos Ventures LimitedOverview
Neos Ventures Limited is a live company located in middlesex, TW7 5QD with a Companies House number of 09941700. It operates in the other information technology service activities sector, SIC Code 62090. Founded in January 2016, it's largest shareholder is
sky uk limited
with a 100% stake. Neos Ventures Limited is a young,
mid sized company, Pomanda has estimated its turnover at
£7.3m with
high
growth in recent years.
Pomanda's financial health check has awarded Neos Ventures Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
3 Weak
Size
annual sales of £7.3m, make it larger than the average company (£5.2m)
£7.3m - Neos Ventures Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (7.4%)
20% - Neos Ventures Limited
7.4% - Industry AVG
Production
with a gross margin of 73.5%, this company has a comparable cost of product (73.5%)
73.5% - Neos Ventures Limited
73.5% - Industry AVG
Profitability
an operating margin of -352.2% make it less profitable than the average company (11.4%)
-352.2% - Neos Ventures Limited
11.4% - Industry AVG
Employees
with 50 employees, this is above the industry average (31)
50 - Neos Ventures Limited
31 - Industry AVG
Pay Structure
on an average salary of £189.5k, the company has a higher pay structure (£63.3k)
£189.5k - Neos Ventures Limited
£63.3k - Industry AVG
Efficiency
resulting in sales per employee of £146.1k, this is equally as efficient (£151.9k)
£146.1k - Neos Ventures Limited
£151.9k - Industry AVG
Debtor Days
it gets paid by customers after 209 days, this is later than average (62 days)
209 days - Neos Ventures Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 1217 days, this is slower than average (92 days)
1217 days - Neos Ventures Limited
92 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Neos Ventures Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Neos Ventures Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.6%, this is a similar level of debt than the average (61.4%)
65.6% - Neos Ventures Limited
61.4% - Industry AVG
NEOS VENTURES LIMITED financials
EXPORT
Neos Ventures Limited's latest turnover from December 2023 is £7.3 million and the company has net assets of £30 million. According to their latest financial statements, we estimate that Neos Ventures Limited has 50 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Turnover
7,305,000
1,747,000
3,774,000
4,202,000
5,284,000
4,921,283
425,146
4,043,126
Other Income Or Grants
Cost Of Sales
1,935,180
463,894
1,087,645
1,235,329
3,525,000
1,468,874
127,346
1,228,078
Gross Profit
5,369,820
1,283,106
2,686,355
2,966,671
1,759,000
3,452,409
297,800
2,815,048
Admin Expenses
31,100,820
16,092,106
10,556,355
8,167,671
7,926,164
8,373,897
3,249,081
1,653,944
Operating Profit
-25,731,000
-14,809,000
-7,870,000
-5,201,000
-6,167,164
-4,921,488
-2,951,281
1,161,104
Interest Payable
729,000
66,000
121,000
44,000
Interest Receivable
3,750,000
14,052
8,460
Pre-Tax Profit
-22,710,000
-14,875,000
-7,991,000
-5,245,000
-6,238,000
-4,907,436
-2,942,821
1,161,104
Tax
1,371,000
63,000
-232,221
Profit After Tax
-22,710,000
-14,875,000
-7,991,000
-3,874,000
-6,175,000
-4,907,436
-2,942,821
928,883
Dividends Paid
Retained Profit
-22,710,000
-14,875,000
-7,929,000
-1,978,000
-6,175,000
-4,907,436
-2,942,821
928,883
Employee Costs
9,474,000
8,532,000
6,378,000
3,843,000
3,615,000
2,156,000
205,718
1,751,581
Number Of Employees
50
13
45
38
37
40
4
35
EBITDA*
-24,634,000
-14,585,000
-7,499,000
-4,812,000
-5,775,164
-4,898,583
-2,946,269
1,161,104
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
75,088,000
22,149,000
201,000
367,000
464,000
54,690
54,616
25,780
Intangible Assets
5,868,000
3,284,000
573,000
435,000
783,000
783,436
783,436
Investments & Other
Debtors (Due After 1 year)
74,792,000
22,028,000
63,000
94,000
Total Fixed Assets
80,956,000
25,433,000
774,000
802,000
1,247,000
838,126
838,052
25,780
Stock & work in progress
902,000
812,000
10,462
84,539
Trade Debtors
4,198,000
130,000
246,000
768,000
1,154,000
1,175,990
93,323
916,477
Group Debtors
1,910,000
Misc Debtors
975,000
1,015,000
779,000
683,000
436,000
Cash
514,000
1,355,000
2,191,000
363,306
3,384,014
misc current assets
490,000
total current assets
6,239,000
1,576,000
3,449,000
3,708,000
4,593,000
1,549,758
3,561,876
916,477
total assets
87,195,000
27,009,000
4,223,000
4,510,000
5,840,000
2,387,884
4,399,928
942,257
Bank overdraft
Bank loan
Trade Creditors
6,453,000
3,715,000
1,109,000
1,256,000
1,464,000
674,282
128,890
13,374
Group/Directors Accounts
220,000
other short term finances
799,000
hp & lease commitments
30,000
32,000
25,000
140,000
120,000
other current liabilities
50,718,000
5,528,000
400,000
148,000
96,000
total current liabilities
57,201,000
9,275,000
1,534,000
2,343,000
1,900,000
674,282
128,890
13,374
loans
48,000
108,000
268,000
268,000
516,000
hp & lease commitments
24,000
54,000
134,000
134,000
173,000
Accruals and Deferred Income
other liabilities
2,350,000
provisions
total long term liabilities
24,000
54,000
134,000
134,000
343,000
2,350,000
total liabilities
57,225,000
9,329,000
1,668,000
2,477,000
2,243,000
3,024,282
128,890
13,374
net assets
29,970,000
17,680,000
2,555,000
2,033,000
3,597,000
-636,398
4,271,038
928,883
total shareholders funds
29,970,000
17,680,000
2,555,000
2,033,000
3,597,000
-636,398
4,271,038
928,883
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
-25,731,000
-14,809,000
-7,870,000
-5,201,000
-6,167,164
-4,921,488
-2,951,281
1,161,104
Depreciation
43,000
12,000
23,000
41,000
44,000
22,905
5,012
Amortisation
1,054,000
212,000
348,000
348,000
348,000
Tax
1,371,000
63,000
-232,221
Stock
-902,000
90,000
801,538
-74,077
84,539
Debtors
56,792,000
20,238,000
1,421,000
-170,000
508,010
1,082,667
-823,154
916,477
Creditors
2,738,000
2,606,000
-147,000
-208,000
789,718
545,392
115,516
13,374
Accruals and Deferred Income
45,190,000
5,128,000
252,000
52,000
96,000
Deferred Taxes & Provisions
Cash flow from operations
-33,498,000
-27,089,000
-7,913,000
-3,517,000
-6,135,994
-5,361,781
-2,092,138
25,780
Investing Activities
capital expenditure
-56,620,000
-24,883,000
-343,000
56,000
-800,874
-22,979
-817,284
-25,780
Change in Investments
cash flow from investments
-56,620,000
-24,883,000
-343,000
56,000
-800,874
-22,979
-817,284
-25,780
Financing Activities
Bank loans
Group/Directors Accounts
-220,000
220,000
Other Short Term Loans
-799,000
799,000
Long term loans
-60,000
-160,000
-248,000
516,000
Hire Purchase and Lease Commitments
-32,000
-73,000
-115,000
-19,000
293,000
other long term liabilities
-2,350,000
2,350,000
share issue
35,000,000
30,000,000
8,451,000
414,000
10,408,398
6,284,976
interest
3,021,000
-66,000
-121,000
-44,000
14,052
8,460
cash flow from financing
37,929,000
29,701,000
7,416,000
682,000
9,087,398
2,364,052
6,293,436
cash and cash equivalents
cash
-514,000
-841,000
-836,000
1,827,694
-3,020,708
3,384,014
overdraft
change in cash
-514,000
-841,000
-836,000
1,827,694
-3,020,708
3,384,014
neos ventures limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for neos ventures limited. Get real-time insights into neos ventures limited's credit score, group structure and payment trends.
Perform a competitor analysis for neos ventures limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in TW7 area or any other competitors across 12 key performance metrics.
62090 - Other information technology and computer service activities
66220 - Activities of insurance agents and brokers
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
COMCAST SKY HOLDINGS INC
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
sky central grant way, isleworth, middlesex, TW7 5QD
Bank
-
Legal Advisor
-
neos ventures 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 3 charges/mortgages relating to neos ventures limited. Currently there are 0 open charges and 3 have been satisfied in the past.
neos ventures 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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neos ventures limitedCompanies House Filings - See Documents
