Pomanda estimates the enterprise value of DISTRICT TECHNOLOGIES LIMITED at £1.1m based on a Turnover of £1.4m and 0.81x industry multiple (adjusted for size and gross margin).
district technologies limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of DISTRICT TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-437.4k and a 4.8x industry multiple (adjusted for size and gross margin).
district technologies limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of DISTRICT TECHNOLOGIES LIMITED at £0 based on Net Assets of £-553.8k and 2.36x industry multiple (adjusted for liquidity).
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District Technologies LimitedOverview
District Technologies Limited is a dissolved company that was located in london, E8 4DQ with a Companies House number of 10648921. It operated in the business and domestic software development sector, SIC Code 62012. Founded in March 2017, it's largest shareholder was
district technologies holdings limited
with a 100% stake. The last turnover for District Technologies Limited was estimated at £1.4m.
Pomanda's financial health check has awarded District Technologies Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£2.6m)
£1.4m - District Technologies Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (5.9%)
25% - District Technologies Limited
5.9% - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
73% - District Technologies Limited
73% - Industry AVG
Profitability
an operating margin of -30.7% make it less profitable than the average company (4.4%)
-30.7% - District Technologies Limited
4.4% - Industry AVG
Employees
with 13 employees, this is below the industry average (27)
13 - District Technologies Limited
27 - Industry AVG
Pay Structure
on an average salary of £60.8k, the company has an equivalent pay structure (£60.8k)
£60.8k - District Technologies Limited
£60.8k - Industry AVG
Efficiency
resulting in sales per employee of £109.5k, this is equally as efficient (£104.2k)
£109.5k - District Technologies Limited
£104.2k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is earlier than average (62 days)
48 days - District Technologies Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 1743 days, this is slower than average (49 days)
1743 days - District Technologies Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - District Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - District Technologies Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 142%, this is a higher level of debt than the average (61.8%)
142% - District Technologies Limited
61.8% - Industry AVG
DISTRICT TECHNOLOGIES LIMITED financials
EXPORT
District Technologies Limited's latest turnover from March 2022 is estimated at £1.4 million and the company has net assets of -£553.8 thousand. According to their latest financial statements, District Technologies Limited has 13 employees and maintains cash reserves of £1.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Turnover
1,423,093
1,555,266
1,407,602
734,115
385,358
Other Income Or Grants
Cost Of Sales
384,625
429,524
365,436
188,328
102,909
Gross Profit
1,038,468
1,125,741
1,042,166
545,787
282,449
Admin Expenses
1,475,836
838,036
615,054
893,274
635,128
Operating Profit
-437,368
287,705
427,112
-347,487
-352,679
Interest Payable
Interest Receivable
355
114
188
2,865
1,308
Pre-Tax Profit
-437,013
287,819
427,300
-344,622
-351,371
Tax
-54,686
-81,187
Profit After Tax
-437,013
233,133
346,113
-344,622
-351,371
Dividends Paid
Retained Profit
-437,013
233,133
346,113
-344,622
-351,371
Employee Costs
791,044
733,497
743,374
362,437
176,966
Number Of Employees
13
13
13
6
3
EBITDA*
-437,368
396,173
523,933
-344,222
-352,026
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Tangible Assets
3,332
8,013
12,897
13,063
3,487
Intangible Assets
1,121,132
1,270,652
779,963
1,068
1,381
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,124,464
1,278,665
792,860
14,131
4,868
Stock & work in progress
Trade Debtors
190,068
238,612
252,514
110,766
32,219
Group Debtors
Misc Debtors
3,267
1,266
Cash
1,627
92,915
134,355
240,780
523,119
misc current assets
total current assets
194,962
332,793
386,869
351,546
555,338
total assets
1,319,426
1,611,458
1,179,729
365,677
560,206
Bank overdraft
Bank loan
Trade Creditors
1,837,535
1,688,204
1,014,807
1,061,669
911,576
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,837,535
1,688,204
1,014,807
1,061,669
911,576
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
35,650
40,000
514,801
provisions
total long term liabilities
35,650
40,000
514,801
total liabilities
1,873,185
1,728,204
1,529,608
1,061,669
911,576
net assets
-553,759
-116,746
-349,879
-695,992
-351,370
total shareholders funds
-553,759
-116,746
-349,879
-695,992
-351,370
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Operating Activities
Operating Profit
-437,368
287,705
427,112
-347,487
-352,679
Depreciation
6,607
6,555
2,952
471
Amortisation
101,861
90,266
313
182
Tax
-54,686
-81,187
Stock
Debtors
-46,543
-12,636
141,748
78,547
32,219
Creditors
149,331
673,397
-46,862
150,093
911,576
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-241,494
1,027,520
254,136
-272,676
527,331
Investing Activities
capital expenditure
154,201
-594,273
-875,550
-12,528
-5,521
Change in Investments
cash flow from investments
154,201
-594,273
-875,550
-12,528
-5,521
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-4,350
-474,801
514,801
share issue
1
interest
355
114
188
2,865
1,308
cash flow from financing
-3,995
-474,687
514,989
2,865
1,309
cash and cash equivalents
cash
-91,288
-41,440
-106,425
-282,339
523,119
overdraft
change in cash
-91,288
-41,440
-106,425
-282,339
523,119
district technologies 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 district technologies limited. Get real-time insights into district technologies limited's credit score, group structure and payment trends.
Perform a competitor analysis for district technologies limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in E 8 area or any other competitors across 12 key performance metrics.
district technologies limited Ownership
DISTRICT TECHNOLOGIES LIMITED group structure
District Technologies Limited has no subsidiary companies.
The sole shareholder of District Technologies Limited is District Technologies Holdings Limited.
district technologies holdings limited
100%
district technologies limited directors
District Technologies Limited currently has 3 directors.
The longest serving directors include
Mx Jupiter Butz (Mar 2017) and
Mr Sebastiano Rizzo (Jan 2018).
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 district technologies limited. Currently there are 1 open charges and 0 have been satisfied in the past.
district technologies 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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district technologies limitedCompanies House Filings - See Documents
