tophat labs limited
tophat labs limited Company Information
Company Number
10302275
Next Accounts
137 days late
Industry
Architectural activities
Specialised design activities
Shareholders
tophat uk holdings limited
Group Structure
View All
Contact
Registered Address
unit 3000 park avenue, dove valley park, derby, DE65 5BT
Website
-tophat labs limited Estimated Valuation
Pomanda estimates the enterprise value of TOPHAT LABS LIMITED at £2.2m based on a Turnover of £2.2m and 1x industry multiple (adjusted for size and gross margin).
tophat labs limited Estimated Valuation
Pomanda estimates the enterprise value of TOPHAT LABS LIMITED at £0 based on an EBITDA of £-481k and a 8.1x industry multiple (adjusted for size and gross margin).
tophat labs limited Estimated Valuation
Pomanda estimates the enterprise value of TOPHAT LABS LIMITED at £0 based on Net Assets of £-9.1m and 3.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tophat Labs Limited Overview
Tophat Labs Limited is a live company located in derby, DE65 5BT with a Companies House number of 10302275. It operates in the architectural activities sector, SIC Code 71111. Founded in July 2016, it's largest shareholder is tophat uk holdings limited with a 100% stake. Tophat Labs Limited is a young, small sized company, Pomanda has estimated its turnover at £2.2m with high growth in recent years.
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Tophat Labs Limited Health Check
Pomanda's financial health check has awarded Tophat Labs Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
5 Weak
Size
annual sales of £2.2m, make it larger than the average company (£509.9k)
£2.2m - Tophat Labs Limited
£509.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (1.5%)
20% - Tophat Labs Limited
1.5% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (48.4%)
100% - Tophat Labs Limited
48.4% - Industry AVG
Profitability
an operating margin of -37.4% make it less profitable than the average company (7.5%)
-37.4% - Tophat Labs Limited
7.5% - Industry AVG
Employees
with 28 employees, this is above the industry average (9)
28 - Tophat Labs Limited
9 - Industry AVG
Pay Structure
on an average salary of £51.3k, the company has a higher pay structure (£42.2k)
£51.3k - Tophat Labs Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £78.7k, this is less efficient (£93k)
£78.7k - Tophat Labs Limited
£93k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tophat Labs Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tophat Labs Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tophat Labs Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (42 weeks)
9 weeks - Tophat Labs Limited
42 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 279.4%, this is a higher level of debt than the average (49.1%)
279.4% - Tophat Labs Limited
49.1% - Industry AVG
TOPHAT LABS LIMITED financials
Tophat Labs Limited's latest turnover from October 2022 is £2.2 million and the company has net assets of -£9.1 million. According to their latest financial statements, Tophat Labs Limited has 28 employees and maintains cash reserves of £224.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 2,203,486 | 1,260,000 | 1,260,000 | 1,260,000 | 1,260,000 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 2,203,486 | 1,260,000 | 1,260,000 | 1,260,000 | 1,260,000 | |
| Admin Expenses | 3,026,894 | 2,644,637 | 3,625,128 | 2,680,704 | 1,834,112 | |
| Operating Profit | -823,408 | -1,384,637 | -2,365,128 | -1,420,704 | -574,112 | |
| Interest Payable | 1,435,001 | 842,988 | 460,529 | 119,529 | 7,791 | |
| Interest Receivable | 0 | 0 | 279 | 170 | 21 | |
| Pre-Tax Profit | -2,258,409 | -2,227,625 | -2,825,378 | -1,540,063 | -581,882 | |
| Tax | -119,043 | 199,057 | 0 | 199,842 | 166,073 | |
| Profit After Tax | -2,377,452 | -2,028,568 | -2,825,378 | -1,340,221 | -415,809 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -2,377,452 | -2,028,568 | -2,825,378 | -1,340,221 | -415,809 | |
| Employee Costs | 1,437,379 | 1,454,355 | 1,547,887 | 1,283,280 | 934,423 | |
| Number Of Employees | 28 | 28 | 26 | 23 | 19 | 6 |
| EBITDA* | -481,043 | -1,099,934 | -2,278,492 | -1,416,832 | -572,629 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 12,927 | 26,514 | 42,488 | 9,093 | 5,208 | 0 |
| Intangible Assets | 853,762 | 1,182,539 | 1,142,860 | 977,971 | 744,091 | 208,525 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 866,689 | 1,209,053 | 1,185,348 | 987,064 | 749,299 | 208,525 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 3,155,823 | 840,000 | 1,260,526 | 1,053,262 | 343,935 | 33,519 |
| Misc Debtors | 839,289 | 585,178 | 117,082 | 332,822 | 63,633 | 29,435 |
| Cash | 224,730 | 51,585 | 59,706 | 101,551 | 3,051 | 36,277 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,219,842 | 1,476,763 | 1,437,314 | 1,487,635 | 410,619 | 99,231 |
| total assets | 5,086,531 | 2,685,816 | 2,622,662 | 2,474,699 | 1,159,918 | 307,756 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 30,598 | 102,014 | 88,208 | 124,763 | 194,179 | 150,149 |
| Group/Directors Accounts | 1,098,272 | 513,744 | 1,384,923 | 4,091,006 | 1,170,145 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 78,830 | 147,802 | 385,911 | 152,124 | 99,332 | 15,112 |
| total current liabilities | 1,207,700 | 763,560 | 1,859,042 | 4,367,893 | 1,463,656 | 165,261 |
| loans | 13,003,423 | 8,669,396 | 5,482,192 | 0 | 249,238 | 279,662 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 13,003,423 | 8,669,396 | 5,482,192 | 0 | 249,238 | 279,662 |
| total liabilities | 14,211,123 | 9,432,956 | 7,341,234 | 4,367,893 | 1,712,894 | 444,923 |
| net assets | -9,124,592 | -6,747,140 | -4,718,572 | -1,893,194 | -552,976 | -137,167 |
| total shareholders funds | -9,124,592 | -6,747,140 | -4,718,572 | -1,893,194 | -552,976 | -137,167 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -823,408 | -1,384,637 | -2,365,128 | -1,420,704 | -574,112 | |
| Depreciation | 13,588 | 15,974 | 9,752 | 3,872 | 1,483 | 0 |
| Amortisation | 328,777 | 268,729 | 76,884 | 0 | 0 | 0 |
| Tax | -119,043 | 199,057 | 0 | 199,842 | 166,073 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,569,934 | 47,570 | -8,476 | 978,516 | 344,614 | 62,954 |
| Creditors | -71,416 | 13,806 | -36,555 | -69,416 | 44,030 | 150,149 |
| Accruals and Deferred Income | -68,972 | -238,109 | 233,787 | 52,792 | 84,220 | 15,112 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,310,408 | -1,172,750 | -2,072,784 | -2,212,130 | -622,920 | |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 584,528 | -871,179 | -2,706,083 | 2,920,861 | 1,170,145 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 4,334,027 | 3,187,204 | 5,482,192 | -249,238 | -30,424 | 279,662 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -1,435,001 | -842,988 | -460,250 | -119,359 | -7,770 | |
| cash flow from financing | 3,483,554 | 1,473,037 | 2,315,859 | 2,552,267 | 1,131,951 | |
| cash and cash equivalents | ||||||
| cash | 173,145 | -8,121 | -41,845 | 98,500 | -33,226 | 36,277 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 173,145 | -8,121 | -41,845 | 98,500 | -33,226 | 36,277 |
tophat labs limited Credit Report and Business Information
Tophat Labs Limited Competitor Analysis
Perform a competitor analysis for tophat labs limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in DE65 area or any other competitors across 12 key performance metrics.
tophat labs limited Ownership
TOPHAT LABS LIMITED group structure
Tophat Labs Limited has no subsidiary companies.
Ultimate parent company
GOLDMAN SACHS GROUP INC
#0041484
2 parents
TOPHAT LABS LIMITED
10302275
tophat labs limited directors
Tophat Labs Limited currently has 2 directors. The longest serving directors include Mr Jordan Rosenhaus (Jul 2016) and Mr Krishan Pattni (Jul 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jordan Rosenhaus | England | 48 years | Jul 2016 | - | Director |
| Mr Krishan Pattni | United Kingdom | 42 years | Jul 2016 | - | Director |
P&L
October 2022turnover
2.2m
+75%
operating profit
-823.4k
-41%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
-9.1m
+0.35%
total assets
5.1m
+0.89%
cash
224.7k
+3.36%
net assets
Total assets minus all liabilities
tophat labs limited company details
company number
10302275
Type
Private limited with Share Capital
industry
71111 - Architectural activities
74100 - Specialised design activities
72200 - Research and experimental development on social sciences and humanities
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
October 2022
previous names
N/A
accountant
-
auditor
BDO LLP
address
unit 3000 park avenue, dove valley park, derby, DE65 5BT
Bank
-
Legal Advisor
-
tophat labs 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 12 charges/mortgages relating to tophat labs limited. Currently there are 1 open charges and 11 have been satisfied in the past.
tophat labs 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.
Click to start generating capital raising & share issue transactions for TOPHAT LABS LIMITED. This can take several minutes, an email will notify you when this has completed.
tophat labs limited Companies House Filings - See Documents
| date | description | view/download |
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