Pomanda estimates the enterprise value of FOMTECH LIMITED at £0 based on a Turnover of £184.3k and -3.43x industry multiple (adjusted for size and gross margin).
fomtech limitedEstimated Valuation
£164.2m
Pomanda estimates the enterprise value of FOMTECH LIMITED at £164.2m based on an EBITDA of £-12.1m and a -13.54x industry multiple (adjusted for size and gross margin).
fomtech limitedEstimated Valuation
£9.5m
Pomanda estimates the enterprise value of FOMTECH LIMITED at £9.5m based on Net Assets of £9.3m and 1.02x industry multiple (adjusted for liquidity).
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Fomtech LimitedOverview
Fomtech Limited is a live company located in london, EC2V 6DN with a Companies House number of 10343956. It operates in the fund management activities sector, SIC Code 66300. Founded in August 2016, it's largest shareholder is
martijn de wever
with a 29.4% stake. Fomtech Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£184.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Fomtech Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
0 Regular
5 Weak
Size
annual sales of £184.3k, make it smaller than the average company (£2.9m)
£184.3k - Fomtech Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -65%, show it is growing at a slower rate (6.3%)
-65% - Fomtech Limited
6.3% - Industry AVG
Production
with a gross margin of -742.6%, this company has a higher cost of product (95.2%)
-742.6% - Fomtech Limited
95.2% - Industry AVG
Profitability
an operating margin of -6919.4% make it less profitable than the average company (9.5%)
-6919.4% - Fomtech Limited
9.5% - Industry AVG
Employees
with 95 employees, this is above the industry average (10)
95 - Fomtech Limited
10 - Industry AVG
Pay Structure
on an average salary of £103.3k, the company has a lower pay structure (£166.1k)
£103.3k - Fomtech Limited
£166.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.9k, this is less efficient (£362.3k)
£1.9k - Fomtech Limited
£362.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Fomtech Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 180 days, this is slower than average (49 days)
180 days - Fomtech Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fomtech Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 173 weeks, this is more cash available to meet short term requirements (54 weeks)
173 weeks - Fomtech Limited
54 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.3%, this is a lower level of debt than the average (39.3%)
14.3% - Fomtech Limited
39.3% - Industry AVG
FOMTECH LIMITED financials
EXPORT
Fomtech Limited's latest turnover from August 2023 is £184.3 thousand and the company has net assets of £9.3 million. According to their latest financial statements, Fomtech Limited has 95 employees and maintains cash reserves of £5.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Turnover
184,279
59,783
4,441,129
4,291,872
2,552,776
1,224,743
Other Income Or Grants
Cost Of Sales
1,552,685
711,909
307,126
368,367
107,160
94,714
Gross Profit
-1,368,406
-652,126
4,134,003
3,923,505
2,445,616
1,130,029
Admin Expenses
11,382,562
6,115,595
7,494,278
5,687,437
3,292,417
1,687,313
275,694
Operating Profit
-12,750,968
-6,767,721
-3,360,275
-1,763,932
-846,801
-557,284
-275,694
Interest Payable
212,294
599,128
Interest Receivable
108,802
95
784
433
3,572
2,309
Pre-Tax Profit
-12,854,460
-7,366,754
-3,359,491
-1,763,499
-843,229
-554,975
-275,685
Tax
267,890
402,054
Profit After Tax
-12,586,570
-6,964,700
-3,359,491
-1,763,499
-843,229
-554,975
-275,685
Dividends Paid
Retained Profit
-12,586,570
-6,964,700
-3,359,491
-1,763,499
-843,229
-554,975
-275,685
Employee Costs
9,817,225
3,709,303
3,331,320
1,985,078
1,211,620
542,672
249,600
Number Of Employees
95
42
23
15
9
4
2
EBITDA*
-12,129,127
-6,604,503
-3,121,587
-1,612,636
-837,989
-555,499
-274,673
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Tangible Assets
175,408
320,943
30,493
20,417
14,819
2,548
2,043
Intangible Assets
4,325,148
895,893
961,100
925,159
281,229
Investments & Other
Debtors (Due After 1 year)
128,800
Total Fixed Assets
4,500,556
449,743
30,493
916,310
975,919
927,707
283,272
Stock & work in progress
Trade Debtors
6,869
Group Debtors
4,200
5,699
Misc Debtors
1,183,880
355,325
480,215
114,901
179,852
23,406
54,700
Cash
5,197,757
14,597,350
1,249,612
318,747
547,280
405,289
210,556
misc current assets
total current assets
6,385,837
14,958,374
1,736,696
433,648
727,132
428,695
265,256
total assets
10,886,393
15,408,117
1,767,189
1,349,958
1,703,051
1,356,402
548,528
Bank overdraft
Bank loan
Trade Creditors
768,687
436,068
46,237
16,424
54,550
81,724
39,166
Group/Directors Accounts
530,143
315,000
105,000
other short term finances
hp & lease commitments
other current liabilities
786,821
533,105
104,073
109,824
95,844
174,531
4,750
total current liabilities
1,555,508
969,173
680,453
441,248
255,394
256,255
43,916
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
9,844,328
provisions
total long term liabilities
9,844,328
total liabilities
1,555,508
10,813,501
680,453
441,248
255,394
256,255
43,916
net assets
9,330,885
4,594,616
1,086,736
908,710
1,447,657
1,100,147
504,612
total shareholders funds
9,330,885
4,594,616
1,086,736
908,710
1,447,657
1,100,147
504,612
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Operating Activities
Operating Profit
-12,750,968
-6,767,721
-3,360,275
-1,763,932
-846,801
-557,284
-275,694
Depreciation
182,356
163,218
25,622
14,486
8,812
1,785
1,021
Amortisation
439,485
213,066
136,810
Tax
267,890
402,054
Stock
Debtors
698,256
2,740
372,183
-64,951
156,446
-31,294
54,700
Creditors
332,619
389,831
29,813
-38,126
-27,174
42,558
39,166
Accruals and Deferred Income
253,716
429,032
-5,751
13,980
-78,687
169,781
4,750
Deferred Taxes & Provisions
Cash flow from operations
-11,973,158
-5,386,326
-3,469,708
-1,571,831
-1,100,296
-311,866
-285,457
Investing Activities
capital expenditure
647,129
-91,687
-57,024
-646,220
-284,293
Change in Investments
cash flow from investments
647,129
-91,687
-57,024
-646,220
-284,293
Financing Activities
Bank loans
Group/Directors Accounts
-530,143
215,143
210,000
105,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-9,844,328
9,844,328
share issue
17,322,839
10,472,580
3,537,517
1,224,552
1,190,739
1,150,510
780,297
interest
-103,492
-599,033
784
433
3,572
2,309
cash flow from financing
7,375,019
19,187,732
3,753,444
1,434,985
1,299,311
1,152,819
780,297
cash and cash equivalents
cash
-9,399,593
13,347,738
930,865
-228,533
141,991
194,733
210,556
overdraft
change in cash
-9,399,593
13,347,738
930,865
-228,533
141,991
194,733
210,556
fomtech 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 fomtech limited. Get real-time insights into fomtech limited's credit score, group structure and payment trends.
Perform a competitor analysis for fomtech limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC2V area or any other competitors across 12 key performance metrics.
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 1 charges/mortgages relating to fomtech limited. Currently there are 0 open charges and 1 have been satisfied in the past.
fomtech limited Capital Raised & Share Issues BETA
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fomtech limitedCompanies House Filings - See Documents
