inspires technology limited
inspires technology limited Company Information
Company Number
10728146
Registered Address
rolt house st. nicholas street, coventry canal basin, coventry, CV1 4LY
Industry
Other business support service activities n.e.c.
Telephone
441788573863
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
inspires holding ltd 100%
inspires technology limited Estimated Valuation
Pomanda estimates the enterprise value of INSPIRES TECHNOLOGY LIMITED at £198.7k based on a Turnover of £352.9k and 0.56x industry multiple (adjusted for size and gross margin).
inspires technology limited Estimated Valuation
Pomanda estimates the enterprise value of INSPIRES TECHNOLOGY LIMITED at £0 based on an EBITDA of £-255.4k and a 4.3x industry multiple (adjusted for size and gross margin).
inspires technology limited Estimated Valuation
Pomanda estimates the enterprise value of INSPIRES TECHNOLOGY LIMITED at £324.1k based on Net Assets of £126.4k and 2.57x industry multiple (adjusted for liquidity).
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Inspires Technology Limited Overview
Inspires Technology Limited is a live company located in coventry, CV1 4LY with a Companies House number of 10728146. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2017, it's largest shareholder is inspires holding ltd with a 100% stake. Inspires Technology Limited is a young, micro sized company, Pomanda has estimated its turnover at £352.9k with low growth in recent years.
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Inspires Technology Limited Health Check
Pomanda's financial health check has awarded Inspires Technology Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £352.9k, make it smaller than the average company (£3.5m)
- Inspires Technology Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.3%)
- Inspires Technology Limited
4.3% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
- Inspires Technology Limited
38.2% - Industry AVG
Profitability
an operating margin of -81.8% make it less profitable than the average company (6.3%)
- Inspires Technology Limited
6.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (23)
3 - Inspires Technology Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- Inspires Technology Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £117.6k, this is less efficient (£149.5k)
- Inspires Technology Limited
£149.5k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (41 days)
- Inspires Technology Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
- Inspires Technology Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Inspires Technology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (25 weeks)
51 weeks - Inspires Technology Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.8%, this is a similar level of debt than the average (62.2%)
67.8% - Inspires Technology Limited
62.2% - Industry AVG
INSPIRES TECHNOLOGY LIMITED financials
Inspires Technology Limited's latest turnover from April 2023 is estimated at £352.9 thousand and the company has net assets of £126.4 thousand. According to their latest financial statements, Inspires Technology Limited has 3 employees and maintains cash reserves of £238.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 92,678 | 121,574 | 96,741 | 53,290 | 5,550 | 6,609 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 92,678 | 121,574 | 96,741 | 53,290 | 5,550 | 6,609 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 59,709 | 64,170 | 69,457 | 28,924 | 20,879 | 13,878 |
| Group Debtors | 1,300 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 553 | 44,097 | 553 | 555 |
| Cash | 238,334 | 440,576 | 205,869 | 117,737 | 54,365 | 5,197 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 299,343 | 504,746 | 275,879 | 190,758 | 75,797 | 19,630 |
| total assets | 392,021 | 626,320 | 372,620 | 244,048 | 81,347 | 26,239 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 426 | 426 | 0 | 45,433 | 0 | 2 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 242,053 | 202,735 | 105,815 | 81,283 | 55,855 | 20,473 |
| total current liabilities | 242,479 | 203,161 | 105,815 | 126,716 | 55,855 | 20,475 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 23,170 | 22,615 | 18,381 | 10,125 | 0 | 0 |
| total long term liabilities | 23,170 | 22,615 | 18,381 | 10,125 | 0 | 0 |
| total liabilities | 265,649 | 225,776 | 124,196 | 136,841 | 55,855 | 20,475 |
| net assets | 126,372 | 400,544 | 248,424 | 107,207 | 25,492 | 5,764 |
| total shareholders funds | 126,372 | 400,544 | 248,424 | 107,207 | 25,492 | 5,764 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 33,169 | 42,067 | 20,422 | 4,216 | 2,585 | 2,204 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,161 | -5,840 | -3,011 | 51,589 | 6,999 | 14,433 |
| Creditors | 0 | 426 | -45,433 | 45,433 | -2 | 2 |
| Accruals and Deferred Income | 39,318 | 96,920 | 24,532 | 25,428 | 35,382 | 20,473 |
| Deferred Taxes & Provisions | 555 | 4,234 | 8,256 | 10,125 | 0 | 0 |
| Cash flow from operations | ||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -202,242 | 234,707 | 88,132 | 63,372 | 49,168 | 5,197 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -202,242 | 234,707 | 88,132 | 63,372 | 49,168 | 5,197 |
inspires technology limited Credit Report and Business Information
Inspires Technology Limited Competitor Analysis
Perform a competitor analysis for inspires technology limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CV1 area or any other competitors across 12 key performance metrics.
inspires technology limited Ownership
INSPIRES TECHNOLOGY LIMITED group structure
Inspires Technology Limited has no subsidiary companies.
Ultimate parent company
INSPIRES TECHNOLOGY LIMITED
10728146
inspires technology limited directors
Inspires Technology Limited currently has 3 directors. The longest serving directors include Mr Graham Dixon (Apr 2017) and Mr Robert Loakes (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Dixon | United Kingdom | 35 years | Apr 2017 | - | Director |
| Mr Robert Loakes | United Kingdom | 41 years | Oct 2017 | - | Director |
| Mr Ian Rowan | United Kingdom | 48 years | Jun 2019 | - | Director |
P&L
April 2023turnover
352.9k
+4%
operating profit
-288.6k
0%
gross margin
38.3%
+0.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
126.4k
-0.68%
total assets
392k
-0.37%
cash
238.3k
-0.46%
net assets
Total assets minus all liabilities
inspires technology limited company details
company number
10728146
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
TGFP
auditor
-
address
rolt house st. nicholas street, coventry canal basin, coventry, CV1 4LY
Bank
-
Legal Advisor
-
inspires technology 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 did not find charges/mortgages relating to inspires technology limited.
inspires technology limited Companies House Filings - See Documents
| date | description | view/download |
|---|
