ultraleap holdings limited
ultraleap holdings limited Company Information
Company Number
10051029
Next Accounts
Sep 2025
Shareholders
mayfair equity partners nominees limited
ip2ipo portfolio l.p.
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
the west wing glass wharf, bristol, BS2 0EL
Website
www.ultrahaptics.comultraleap holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRALEAP HOLDINGS LIMITED at £3m based on a Turnover of £4.2m and 0.73x industry multiple (adjusted for size and gross margin).
ultraleap holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRALEAP HOLDINGS LIMITED at £0 based on an EBITDA of £-24.3m and a 5.77x industry multiple (adjusted for size and gross margin).
ultraleap holdings limited Estimated Valuation
Pomanda estimates the enterprise value of ULTRALEAP HOLDINGS LIMITED at £2m based on Net Assets of £972k and 2.11x industry multiple (adjusted for liquidity).
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Ultraleap Holdings Limited Overview
Ultraleap Holdings Limited is a live company located in bristol, BS2 0EL with a Companies House number of 10051029. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2016, it's largest shareholder is mayfair equity partners nominees limited with a 18.1% stake. Ultraleap Holdings Limited is a young, small sized company, Pomanda has estimated its turnover at £4.2m with healthy growth in recent years.
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Ultraleap Holdings Limited Health Check
Pomanda's financial health check has awarded Ultraleap Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £4.2m, make it smaller than the average company (£20.3m)
£4.2m - Ultraleap Holdings Limited
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (7.4%)
9% - Ultraleap Holdings Limited
7.4% - Industry AVG
Production
with a gross margin of 55.1%, this company has a lower cost of product (33.7%)
55.1% - Ultraleap Holdings Limited
33.7% - Industry AVG
Profitability
an operating margin of -640.9% make it less profitable than the average company (5.8%)
-640.9% - Ultraleap Holdings Limited
5.8% - Industry AVG
Employees
with 179 employees, this is above the industry average (110)
179 - Ultraleap Holdings Limited
110 - Industry AVG
Pay Structure
on an average salary of £103.8k, the company has a higher pay structure (£49.9k)
£103.8k - Ultraleap Holdings Limited
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £23.2k, this is less efficient (£204.6k)
£23.2k - Ultraleap Holdings Limited
£204.6k - Industry AVG
Debtor Days
it gets paid by customers after 197 days, this is later than average (45 days)
197 days - Ultraleap Holdings Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 218 days, this is slower than average (42 days)
218 days - Ultraleap Holdings Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 359 days, this is more than average (48 days)
359 days - Ultraleap Holdings Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (15 weeks)
72 weeks - Ultraleap Holdings Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.1%, this is a higher level of debt than the average (55.7%)
96.1% - Ultraleap Holdings Limited
55.7% - Industry AVG
ULTRALEAP HOLDINGS LIMITED financials
Ultraleap Holdings Limited's latest turnover from December 2023 is £4.2 million and the company has net assets of £972 thousand. According to their latest financial statements, Ultraleap Holdings Limited has 179 employees and maintains cash reserves of £5.7 million 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 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,159,000 | 4,469,000 | 2,715,000 | 3,253,000 | 1,458,000 | 1,867,000 | 1,041,000 | 1,064,000 | 128,000 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 1,867,000 | 1,612,000 | 1,587,000 | 1,676,000 | 803,000 | 555,000 | 625,000 | 1,053,000 | 44,000 |
| Gross Profit | 2,292,000 | 2,857,000 | 1,128,000 | 1,577,000 | 655,000 | 1,312,000 | 416,000 | 11,000 | 84,000 |
| Admin Expenses | 28,947,000 | 28,117,000 | 23,557,000 | 23,939,000 | 22,078,000 | 13,608,000 | 9,721,000 | 3,458,000 | 710,000 |
| Operating Profit | -26,655,000 | -25,260,000 | -22,429,000 | -22,362,000 | -21,423,000 | -12,296,000 | -9,305,000 | -3,447,000 | -626,000 |
| Interest Payable | 1,544,000 | 1,063,000 | 1,547,000 | 1,080,000 | 119,000 | 90,000 | 101,000 | ||
| Interest Receivable | 124,000 | 154,000 | 39,000 | 154,000 | 243,000 | 105,000 | 69,000 | 85,000 | 5,000 |
| Pre-Tax Profit | -28,075,000 | -26,169,000 | -23,937,000 | -23,288,000 | -21,299,000 | -12,281,000 | -9,337,000 | -3,362,000 | -621,000 |
| Tax | 1,053,000 | 2,570,000 | 2,261,000 | 3,287,000 | 1,254,000 | 1,302,000 | 210,000 | 136,000 | |
| Profit After Tax | -27,022,000 | -23,599,000 | -21,676,000 | -20,001,000 | -20,045,000 | -10,979,000 | -9,127,000 | -3,226,000 | -621,000 |
| Dividends Paid | |||||||||
| Retained Profit | -27,022,000 | -23,599,000 | -21,676,000 | -20,001,000 | -20,045,000 | -10,979,000 | -9,127,000 | -3,226,000 | -621,000 |
| Employee Costs | 18,578,000 | 17,547,000 | 14,411,000 | 15,678,000 | 12,435,000 | 7,342,000 | 4,701,000 | 2,447,000 | 462,000 |
| Number Of Employees | 179 | 177 | 167 | 168 | 137 | 96 | 70 | 32 | 16 |
| EBITDA* | -24,272,000 | -22,840,000 | -19,983,000 | -19,690,000 | -19,601,000 | -11,512,000 | -8,648,000 | -3,327,000 | -621,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,291,000 | 3,543,000 | 9,942,000 | 8,457,000 | 6,148,000 | 3,499,000 | 3,857,000 | 578,000 | 46,000 |
| Intangible Assets | 7,952,000 | 7,332,000 | 8,386,000 | 9,454,000 | 10,522,000 | 66,000 | 87,000 | 73,000 | |
| Investments & Other | 2,865,000 | 3,193,000 | |||||||
| Debtors (Due After 1 year) | 332,000 | 341,000 | 2,896,000 | 2,107,000 | 413,000 | 315,000 | 206,000 | ||
| Total Fixed Assets | 12,440,000 | 14,409,000 | 15,767,000 | 16,189,000 | 16,648,000 | 3,565,000 | 3,944,000 | 651,000 | 46,000 |
| Stock & work in progress | 1,837,000 | 1,522,000 | 2,163,000 | 2,289,000 | 2,881,000 | 196,000 | 215,000 | 82,000 | 1,000 |
| Trade Debtors | 2,248,000 | 1,331,000 | 896,000 | 994,000 | 405,000 | 301,000 | 280,000 | 427,000 | 55,000 |
| Group Debtors | |||||||||
| Misc Debtors | 2,632,000 | 3,253,000 | 3,032,000 | 2,634,000 | 1,966,000 | 1,331,000 | 815,000 | 509,000 | 143,000 |
| Cash | 5,651,000 | 16,966,000 | 36,304,000 | 11,694,000 | 20,943,000 | 42,158,000 | 16,408,000 | 7,166,000 | 10,443,000 |
| misc current assets | |||||||||
| total current assets | 12,368,000 | 23,072,000 | 42,395,000 | 17,611,000 | 26,195,000 | 43,986,000 | 17,718,000 | 8,184,000 | 10,642,000 |
| total assets | 24,808,000 | 37,481,000 | 58,162,000 | 33,800,000 | 42,843,000 | 47,551,000 | 21,662,000 | 8,835,000 | 10,688,000 |
| Bank overdraft | 8,000 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,117,000 | 2,032,000 | 1,320,000 | 840,000 | 940,000 | 554,000 | 411,000 | 68,000 | |
| Group/Directors Accounts | |||||||||
| other short term finances | 1,263,000 | 997,000 | |||||||
| hp & lease commitments | 798,000 | 782,000 | 2,897,000 | 1,572,000 | 315,000 | 305,000 | |||
| other current liabilities | 2,112,000 | 6,352,000 | 1,752,000 | 2,034,000 | 4,704,000 | 900,000 | 760,000 | 450,000 | 111,000 |
| total current liabilities | 4,027,000 | 7,615,000 | 5,563,000 | 6,251,000 | 7,116,000 | 2,163,000 | 1,619,000 | 861,000 | 179,000 |
| loans | 11,784,000 | 4,698,000 | 32,364,000 | 14,718,000 | 4,210,000 | 4,836,000 | |||
| hp & lease commitments | 892,000 | 1,375,000 | 2,075,000 | 16,182,000 | 7,359,000 | 2,105,000 | 2,418,000 | ||
| Accruals and Deferred Income | |||||||||
| other liabilities | 6,841,000 | 2,984,000 | 4,702,000 | 3,998,000 | 3,248,000 | ||||
| provisions | 292,000 | 248,000 | |||||||
| total long term liabilities | 19,809,000 | 4,359,000 | 7,449,000 | 20,180,000 | 10,607,000 | 2,105,000 | 2,418,000 | ||
| total liabilities | 23,836,000 | 11,974,000 | 13,012,000 | 26,431,000 | 17,723,000 | 4,268,000 | 4,037,000 | 861,000 | 179,000 |
| net assets | 972,000 | 25,507,000 | 45,150,000 | 7,369,000 | 25,120,000 | 43,283,000 | 17,625,000 | 7,974,000 | 10,509,000 |
| total shareholders funds | 972,000 | 25,507,000 | 45,150,000 | 7,369,000 | 25,120,000 | 43,283,000 | 17,625,000 | 7,974,000 | 10,509,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -26,655,000 | -25,260,000 | -22,429,000 | -22,362,000 | -21,423,000 | -12,296,000 | -9,305,000 | -3,447,000 | -626,000 |
| Depreciation | 539,000 | 1,366,000 | 1,378,000 | 1,604,000 | 1,189,000 | 763,000 | 643,000 | 119,000 | 5,000 |
| Amortisation | 1,844,000 | 1,054,000 | 1,068,000 | 1,068,000 | 633,000 | 21,000 | 14,000 | 1,000 | |
| Tax | 1,053,000 | 2,570,000 | 2,261,000 | 3,287,000 | 1,254,000 | 1,302,000 | 210,000 | 136,000 | |
| Stock | 315,000 | -641,000 | -126,000 | -592,000 | 2,685,000 | -19,000 | 133,000 | 81,000 | 1,000 |
| Debtors | 287,000 | -1,899,000 | 1,089,000 | 2,951,000 | 837,000 | 646,000 | 365,000 | 738,000 | 198,000 |
| Creditors | 1,117,000 | -2,032,000 | 712,000 | 480,000 | -100,000 | 386,000 | 143,000 | 343,000 | 68,000 |
| Accruals and Deferred Income | -4,240,000 | 4,600,000 | -282,000 | -2,670,000 | 3,804,000 | 140,000 | 310,000 | 339,000 | 111,000 |
| Deferred Taxes & Provisions | 292,000 | -248,000 | 248,000 | ||||||
| Cash flow from operations | -26,652,000 | -15,410,000 | -18,007,000 | -20,952,000 | -18,165,000 | -10,311,000 | -8,483,000 | -3,328,000 | -641,000 |
| Investing Activities | |||||||||
| capital expenditure | -88,000 | 354,000 | |||||||
| Change in Investments | -328,000 | 3,193,000 | |||||||
| cash flow from investments | 328,000 | -3,193,000 | -88,000 | 354,000 | |||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | -1,263,000 | 266,000 | 997,000 | ||||||
| Long term loans | 11,784,000 | -4,698,000 | -27,666,000 | 17,646,000 | 10,508,000 | -626,000 | 4,836,000 | ||
| Hire Purchase and Lease Commitments | 315,000 | -1,482,000 | -16,222,000 | 10,148,000 | 6,511,000 | -303,000 | 2,723,000 | ||
| other long term liabilities | 3,857,000 | -1,718,000 | 704,000 | 750,000 | 3,248,000 | ||||
| share issue | |||||||||
| interest | -1,420,000 | -909,000 | -1,508,000 | -926,000 | 124,000 | 15,000 | -32,000 | 85,000 | 5,000 |
| cash flow from financing | 15,760,000 | -4,585,000 | 15,762,000 | 29,868,000 | 22,273,000 | 35,723,000 | 26,305,000 | 776,000 | 11,135,000 |
| cash and cash equivalents | |||||||||
| cash | -11,315,000 | -19,338,000 | 24,610,000 | -9,249,000 | -21,215,000 | 25,750,000 | 9,242,000 | -3,277,000 | 10,443,000 |
| overdraft | -8,000 | 8,000 | |||||||
| change in cash | -11,315,000 | -19,338,000 | 24,610,000 | -9,249,000 | -21,207,000 | 25,742,000 | 9,242,000 | -3,277,000 | 10,443,000 |
ultraleap holdings limited Credit Report and Business Information
Ultraleap Holdings Limited Competitor Analysis
Perform a competitor analysis for ultraleap holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BS2 area or any other competitors across 12 key performance metrics.
ultraleap holdings limited Ownership
ULTRALEAP HOLDINGS LIMITED group structure
Ultraleap Holdings Limited has 6 subsidiary companies.
Ultimate parent company
ULTRALEAP HOLDINGS LIMITED
10051029
6 subsidiaries
ultraleap holdings limited directors
Ultraleap Holdings Limited currently has 3 directors. The longest serving directors include Dr Thomas Carter (Mar 2016) and Sir Hossein Yassaie (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Thomas Carter | England | 36 years | Mar 2016 | - | Director |
| Sir Hossein Yassaie | 68 years | Jul 2016 | - | Director | |
| Mr Kunal Dasgupta | England | 48 years | Dec 2018 | - | Director |
P&L
December 2023turnover
4.2m
-7%
operating profit
-26.7m
+6%
gross margin
55.2%
-13.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
972k
-0.96%
total assets
24.8m
-0.34%
cash
5.7m
-0.67%
net assets
Total assets minus all liabilities
ultraleap holdings limited company details
company number
10051029
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
ultrahaptics holdings ltd (September 2019)
accountant
-
auditor
KPMG LLP
address
the west wing glass wharf, bristol, BS2 0EL
Bank
-
Legal Advisor
-
ultraleap holdings 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 2 charges/mortgages relating to ultraleap holdings limited. Currently there are 1 open charges and 1 have been satisfied in the past.
ultraleap holdings 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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ultraleap holdings limited Companies House Filings - See Documents
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