thinkify limited

thinkify limited Company Information

Share THINKIFY LIMITED
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Company Number

09988063

Industry

Accounting, and auditing activities

 

Directors

Carl Nicol

Shareholders

carl nicol

Group Structure

View All

Contact

Registered Address

5th floor castlemead, lower castle street, bristol, BS1 3AG

thinkify limited Estimated Valuation

£67.5k

Pomanda estimates the enterprise value of THINKIFY LIMITED at £67.5k based on a Turnover of £90.1k and 0.75x industry multiple (adjusted for size and gross margin).

thinkify limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THINKIFY LIMITED at £0 based on an EBITDA of £-1.7k and a 4.98x industry multiple (adjusted for size and gross margin).

thinkify limited Estimated Valuation

£173.6k

Pomanda estimates the enterprise value of THINKIFY LIMITED at £173.6k based on Net Assets of £57.7k and 3.01x industry multiple (adjusted for liquidity).

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Thinkify Limited Overview

Thinkify Limited is a live company located in bristol, BS1 3AG with a Companies House number of 09988063. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in February 2016, it's largest shareholder is carl nicol with a 100% stake. Thinkify Limited is a young, micro sized company, Pomanda has estimated its turnover at £90.1k with declining growth in recent years.

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Thinkify Limited Health Check

Pomanda's financial health check has awarded Thinkify Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £90.1k, make it smaller than the average company (£125.7k)

£90.1k - Thinkify Limited

£125.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (8%)

-9% - Thinkify Limited

8% - Industry AVG

production

Production

with a gross margin of 46.1%, this company has a higher cost of product (77.2%)

46.1% - Thinkify Limited

77.2% - Industry AVG

profitability

Profitability

an operating margin of -1.8% make it less profitable than the average company (14.5%)

-1.8% - Thinkify Limited

14.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - Thinkify Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.7k, the company has an equivalent pay structure (£21.7k)

£21.7k - Thinkify Limited

£21.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £90.1k, this is more efficient (£74.4k)

£90.1k - Thinkify Limited

£74.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 233 days, this is later than average (93 days)

233 days - Thinkify Limited

93 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Thinkify Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Thinkify Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Thinkify Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Thinkify Limited

- - Industry AVG

THINKIFY LIMITED financials

EXPORTms excel logo

Thinkify Limited's latest turnover from February 2024 is estimated at £90.1 thousand and the company has net assets of £57.7 thousand. According to their latest financial statements, Thinkify Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Turnover90,13185,86391,975117,862177,921179,811150,724110,249
Other Income Or Grants00000000
Cost Of Sales48,55845,68047,67455,35087,74383,23662,24844,975
Gross Profit41,57340,18344,30162,51290,17896,57588,47665,274
Admin Expenses43,23746,21865,73988,38879,98761,46542,66916,580
Operating Profit-1,664-6,035-21,438-25,87610,19135,11045,80748,694
Interest Payable00000000
Interest Receivable00000000
Pre-Tax Profit-1,664-6,035-21,438-25,87610,19135,11045,80748,694
Tax0000-1,936-6,671-8,703-9,739
Profit After Tax-1,664-6,035-21,438-25,8768,25528,43937,10438,955
Dividends Paid00000000
Retained Profit-1,664-6,035-21,438-25,8768,25528,43937,10438,955
Employee Costs21,70521,43922,18021,01419,80024,63421,92426,806
Number Of Employees11111111
EBITDA*-1,664-6,035-21,438-25,87610,19135,11045,80748,694

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Tangible Assets0000000215
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets0000000215
Stock & work in progress00000000
Trade Debtors57,74059,44465,47986,917130,747133,882101,29655,676
Group Debtors00000000
Misc Debtors00000000
Cash00000000
misc current assets00000000
total current assets57,74059,44465,47986,917130,747133,882101,29655,676
total assets57,74059,44465,47986,917130,747133,882101,29655,891
Bank overdraft00000000
Bank loan00000000
Trade Creditors 040404017,99429,38425,23716,936
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities040404017,99429,38425,23716,936
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities00000000
provisions00000000
total long term liabilities00000000
total liabilities040404017,99429,38425,23716,936
net assets57,74059,40465,43986,877112,753104,49876,05938,955
total shareholders funds57,74059,40465,43986,877112,753104,49876,05938,955
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Operating Activities
Operating Profit-1,664-6,035-21,438-25,87610,19135,11045,80748,694
Depreciation00000000
Amortisation00000000
Tax0000-1,936-6,671-8,703-9,739
Stock00000000
Debtors-1,704-6,035-21,438-43,830-3,13532,58645,62055,676
Creditors-4000-17,954-11,3904,1478,30116,936
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations000000-215215
Investing Activities
capital expenditure000000215-215
Change in Investments00000000
cash flow from investments000000215-215
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities00000000
share issue00000000
interest00000000
cash flow from financing00000000
cash and cash equivalents
cash00000000
overdraft00000000
change in cash00000000

thinkify 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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Thinkify Limited Competitor Analysis

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Perform a competitor analysis for thinkify limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BS1 area or any other competitors across 12 key performance metrics.

thinkify limited Ownership

THINKIFY LIMITED group structure

Thinkify Limited has no subsidiary companies.

Ultimate parent company

THINKIFY LIMITED

09988063

THINKIFY LIMITED Shareholders

carl nicol 100%

thinkify limited directors

Thinkify Limited currently has 1 director, Mr Carl Nicol serving since Feb 2016.

officercountryagestartendrole
Mr Carl NicolUnited Kingdom56 years Feb 2016- Director

P&L

February 2024

turnover

90.1k

+5%

operating profit

-1.7k

0%

gross margin

46.2%

-1.44%

turnover

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

Balance Sheet

February 2024

net assets

57.7k

-0.03%

total assets

57.7k

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

thinkify limited company details

company number

09988063

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

February 2016

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

NASA CONSULTING LTD

auditor

-

address

5th floor castlemead, lower castle street, bristol, BS1 3AG

Bank

-

Legal Advisor

-

thinkify 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 thinkify limited.

thinkify limited Capital Raised & Share Issues BETA

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thinkify limited Companies House Filings - See Documents

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