4syte funding ltd
4syte funding ltd Company Information
Company Number
10258153
Next Accounts
Sep 2025
Shareholders
4syte ltd
Group Structure
View All
Industry
Factoring
Registered Address
second floor steeple house, church lane, chelmsford, essex, CM1 1NH
Website
www.cirrus-4syte.com4syte funding ltd Estimated Valuation
Pomanda estimates the enterprise value of 4SYTE FUNDING LTD at £35.4m based on a Turnover of £16.1m and 2.2x industry multiple (adjusted for size and gross margin).
4syte funding ltd Estimated Valuation
Pomanda estimates the enterprise value of 4SYTE FUNDING LTD at £38.4m based on an EBITDA of £5.7m and a 6.75x industry multiple (adjusted for size and gross margin).
4syte funding ltd Estimated Valuation
Pomanda estimates the enterprise value of 4SYTE FUNDING LTD at £6.7m based on Net Assets of £3.6m and 1.84x industry multiple (adjusted for liquidity).
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4syte Funding Ltd Overview
4syte Funding Ltd is a live company located in chelmsford, CM1 1NH with a Companies House number of 10258153. It operates in the factoring sector, SIC Code 64992. Founded in June 2016, it's largest shareholder is 4syte ltd with a 100% stake. 4syte Funding Ltd is a young, mid sized company, Pomanda has estimated its turnover at £16.1m with rapid growth in recent years.
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4syte Funding Ltd Health Check
Pomanda's financial health check has awarded 4Syte Funding Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
6 Regular
1 Weak
Size
annual sales of £16.1m, make it larger than the average company (£4.8m)
- 4syte Funding Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 93%, show it is growing at a faster rate (3.8%)
- 4syte Funding Ltd
3.8% - Industry AVG
Production
with a gross margin of 69.4%, this company has a comparable cost of product (69.4%)
- 4syte Funding Ltd
69.4% - Industry AVG
Profitability
an operating margin of 35.3% make it as profitable than the average company (37.6%)
- 4syte Funding Ltd
37.6% - Industry AVG
Employees
with 59 employees, this is above the industry average (38)
- 4syte Funding Ltd
38 - Industry AVG
Pay Structure
on an average salary of £65.4k, the company has an equivalent pay structure (£65.4k)
- 4syte Funding Ltd
£65.4k - Industry AVG
Efficiency
resulting in sales per employee of £272.9k, this is equally as efficient (£273.9k)
- 4syte Funding Ltd
£273.9k - Industry AVG
Debtor Days
it gets paid by customers after 1706 days, this is near the average (1602 days)
- 4syte Funding Ltd
1602 days - Industry AVG
Creditor Days
its suppliers are paid after 2429 days, this is slower than average (695 days)
- 4syte Funding Ltd
695 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 4syte Funding Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (1 weeks)
0 weeks - 4syte Funding Ltd
1 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.4%, this is a similar level of debt than the average (90.8%)
95.4% - 4syte Funding Ltd
90.8% - Industry AVG
4SYTE FUNDING LTD financials
4Syte Funding Ltd's latest turnover from December 2023 is estimated at £16.1 million and the company has net assets of £3.6 million. According to their latest financial statements, we estimate that 4Syte Funding Ltd has 59 employees and maintains cash reserves of £648.9 thousand 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 | ||||||||
| 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 | 4 | 4 | 4 | |||||
| EBITDA* |
* 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 | ||||||||
| Intangible Assets | 2,134 | 4,233 | 1,550 | |||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 2,134 | 4,233 | 1,550 | |||||
| Stock & work in progress | ||||||||
| Trade Debtors | 75,275,665 | 63,428,512 | 53,321,291 | 17,452,464 | 17,399,896 | 9,003,441 | 4,270,497 | 580,273 |
| Group Debtors | 1,697,610 | |||||||
| Misc Debtors | 615,804 | 463,701 | 498,413 | 125,037 | 337,745 | 157,632 | 51,036 | 56,120 |
| Cash | 648,896 | 513,654 | 2,025,140 | 1,346,469 | 819,252 | 675,015 | 239,658 | 61,908 |
| misc current assets | ||||||||
| total current assets | 78,237,975 | 64,405,867 | 55,844,844 | 18,923,970 | 18,556,893 | 9,836,088 | 4,561,191 | 698,301 |
| total assets | 78,240,109 | 64,410,100 | 55,846,394 | 18,923,970 | 18,556,893 | 9,836,088 | 4,561,191 | 698,301 |
| Bank overdraft | ||||||||
| Bank loan | 40,630,067 | 30,753,312 | 24,871,614 | 8,750,863 | 11,031,445 | |||
| Trade Creditors | 32,758,398 | 28,827,576 | 27,081,113 | 7,618,303 | 5,405,745 | 67,274 | 28,141 | 24,271 |
| Group/Directors Accounts | 288,884 | 2,108,661 | 2,185,000 | 1,643,600 | 1,236,137 | 931,609 | 449,831 | 475,000 |
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 933,833 | 369,101 | 304,117 | 395,298 | 402,155 | 8,660,904 | 4,184,548 | 297,759 |
| total current liabilities | 74,611,182 | 62,058,650 | 54,441,844 | 18,408,064 | 18,075,482 | 9,659,787 | 4,662,520 | 797,030 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 74,611,182 | 62,058,650 | 54,441,844 | 18,408,064 | 18,075,482 | 9,659,787 | 4,662,520 | 797,030 |
| net assets | 3,628,927 | 2,351,450 | 1,404,550 | 515,906 | 481,411 | 176,301 | -101,329 | -98,729 |
| total shareholders funds | 3,628,927 | 2,351,450 | 1,404,550 | 515,906 | 481,411 | 176,301 | -101,329 | -98,729 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | 2,099 | 1,517 | 550 | |||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 13,696,866 | 10,072,509 | 36,242,203 | -160,140 | 8,576,568 | 4,839,540 | 3,685,140 | 636,393 |
| Creditors | 3,930,822 | 1,746,463 | 19,462,810 | 2,212,558 | 5,338,471 | 39,133 | 3,870 | 24,271 |
| Accruals and Deferred Income | 564,732 | 64,984 | -91,181 | -6,857 | -8,258,749 | 4,476,356 | 3,886,789 | 297,759 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 9,876,755 | 5,881,698 | 16,120,751 | -2,280,582 | 11,031,445 | |||
| Group/Directors Accounts | -1,819,777 | -76,339 | 541,400 | 407,463 | 304,528 | 481,778 | -25,169 | 475,000 |
| 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 | 135,242 | -1,511,486 | 678,671 | 527,217 | 144,237 | 435,357 | 177,750 | 61,908 |
| overdraft | ||||||||
| change in cash | 135,242 | -1,511,486 | 678,671 | 527,217 | 144,237 | 435,357 | 177,750 | 61,908 |
4syte funding ltd Credit Report and Business Information
4syte Funding Ltd Competitor Analysis
Perform a competitor analysis for 4syte funding ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in CM1 area or any other competitors across 12 key performance metrics.
4syte funding ltd Ownership
4SYTE FUNDING LTD group structure
4Syte Funding Ltd has no subsidiary companies.
4syte funding ltd directors
4Syte Funding Ltd currently has 3 directors. The longest serving directors include Mr Magnus Gundersen (Jun 2016) and Mr Nicholas Sellars (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Magnus Gundersen | England | 52 years | Jun 2016 | - | Director |
| Mr Nicholas Sellars | United Kingdom | 64 years | Jul 2016 | - | Director |
| Mr Paul Barker | England | 44 years | Oct 2016 | - | Director |
P&L
December 2023turnover
16.1m
+44%
operating profit
5.7m
0%
gross margin
69.5%
+6.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.6m
+0.54%
total assets
78.2m
+0.21%
cash
648.9k
+0.26%
net assets
Total assets minus all liabilities
4syte funding ltd company details
company number
10258153
Type
Private limited with Share Capital
industry
64992 - Factoring
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
GRAVITA AUDIT II LIMITED
auditor
-
address
second floor steeple house, church lane, chelmsford, essex, CM1 1NH
Bank
-
Legal Advisor
-
4syte funding ltd 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 4syte funding ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
4syte funding ltd 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 4SYTE FUNDING LTD. This can take several minutes, an email will notify you when this has completed.
4syte funding ltd Companies House Filings - See Documents
| date | description | view/download |
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