notify technology ltd
notify technology ltd Company Information
Company Number
10756960
Next Accounts
Dec 2025
Shareholders
the north east (erdf) venture capital limited partnership acting by its general partner enterprise ventures (general partner ne venture) limited
calculus nominees limited
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
wizu workspace portland house, new bridge st w, newcastle upon tyne, NE1 8AL
Website
www.notifytechnology.comnotify technology ltd Estimated Valuation
Pomanda estimates the enterprise value of NOTIFY TECHNOLOGY LTD at £1.5m based on a Turnover of £2.5m and 0.58x industry multiple (adjusted for size and gross margin).
notify technology ltd Estimated Valuation
Pomanda estimates the enterprise value of NOTIFY TECHNOLOGY LTD at £0 based on an EBITDA of £-1.6m and a 4.21x industry multiple (adjusted for size and gross margin).
notify technology ltd Estimated Valuation
Pomanda estimates the enterprise value of NOTIFY TECHNOLOGY LTD at £1.4m based on Net Assets of £597.8k and 2.3x industry multiple (adjusted for liquidity).
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Notify Technology Ltd Overview
Notify Technology Ltd is a live company located in newcastle upon tyne, NE1 8AL with a Companies House number of 10756960. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2017, it's largest shareholder is the north east (erdf) venture capital limited partnership acting by its general partner enterprise ventures (general partner ne venture) limited with a 39.1% stake. Notify Technology Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.5m with healthy growth in recent years.
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Notify Technology Ltd Health Check
Pomanda's financial health check has awarded Notify Technology Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£3.7m)
- Notify Technology Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (8.3%)
- Notify Technology Ltd
8.3% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
- Notify Technology Ltd
37.9% - Industry AVG
Profitability
an operating margin of -62.8% make it less profitable than the average company (5.7%)
- Notify Technology Ltd
5.7% - Industry AVG
Employees
with 23 employees, this is similar to the industry average (22)
23 - Notify Technology Ltd
22 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
- Notify Technology Ltd
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £107.9k, this is less efficient (£146.6k)
- Notify Technology Ltd
£146.6k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (36 days)
- Notify Technology Ltd
36 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (32 days)
- Notify Technology Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Notify Technology Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (27 weeks)
55 weeks - Notify Technology Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.3%, this is a higher level of debt than the average (58.7%)
67.3% - Notify Technology Ltd
58.7% - Industry AVG
NOTIFY TECHNOLOGY LTD financials
Notify Technology Ltd's latest turnover from March 2024 is estimated at £2.5 million and the company has net assets of £597.8 thousand. According to their latest financial statements, Notify Technology Ltd has 23 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 23 | 23 | 15 | 13 | 9 | 4 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,135 | 15,046 | 7,397 | 5,338 | 7,975 | 4,006 | |
| Intangible Assets | 970 | 366,095 | 265,433 | 87,620 | 65,781 | ||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 12,135 | 15,046 | 8,367 | 371,433 | 273,408 | 91,626 | 65,781 |
| Stock & work in progress | |||||||
| Trade Debtors | 296,452 | 229,821 | 119,116 | 243,359 | 195,098 | 139,663 | 18,860 |
| Group Debtors | |||||||
| Misc Debtors | 273,498 | 213,655 | 159,200 | ||||
| Cash | 1,248,035 | 1,192,936 | 61,664 | 34,485 | 261,517 | 421,039 | 114,850 |
| misc current assets | |||||||
| total current assets | 1,817,985 | 1,636,412 | 339,980 | 277,844 | 456,615 | 560,702 | 133,710 |
| total assets | 1,830,120 | 1,651,458 | 348,347 | 649,277 | 730,023 | 652,328 | 199,491 |
| Bank overdraft | |||||||
| Bank loan | 5,556 | 5,556 | 515,000 | ||||
| Trade Creditors | 127,938 | 178,631 | 83,743 | 152,245 | 46,395 | 248,599 | 127,287 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 1,036,585 | 833,569 | 642,038 | 406,906 | 283,191 | ||
| total current liabilities | 1,170,079 | 1,017,756 | 1,240,781 | 559,151 | 329,586 | 248,599 | 127,287 |
| loans | 28,703 | 34,259 | 45,370 | 50,000 | |||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 33,584 | 56,377 | 82,384 | 65,977 | 59,096 | ||
| other liabilities | 65,005 | 70,733 | |||||
| provisions | |||||||
| total long term liabilities | 62,287 | 90,636 | 127,754 | 115,977 | 59,096 | 65,005 | 70,733 |
| total liabilities | 1,232,366 | 1,108,392 | 1,368,535 | 675,128 | 388,682 | 313,604 | 198,020 |
| net assets | 597,754 | 543,066 | -1,020,188 | -25,851 | 341,341 | 338,724 | 1,471 |
| total shareholders funds | 597,754 | 543,066 | -1,020,188 | -25,851 | 341,341 | 338,724 | 1,471 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 8,375 | 6,780 | 4,000 | 2,774 | 210 | ||
| Amortisation | 970 | 177,196 | 90,721 | 42,385 | 8,549 | ||
| Tax | |||||||
| Stock | |||||||
| Debtors | 126,474 | 165,160 | 34,957 | 48,261 | 55,435 | 120,803 | 18,860 |
| Creditors | -50,693 | 94,888 | -68,502 | 105,850 | -202,204 | 121,312 | 127,287 |
| Accruals and Deferred Income | 180,223 | 165,524 | 251,539 | 130,596 | 342,287 | ||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | -509,444 | 515,000 | |||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -5,556 | -11,111 | -4,630 | 50,000 | |||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -65,005 | -5,728 | 70,733 | ||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 55,099 | 1,131,272 | 27,179 | -227,032 | -159,522 | 306,189 | 114,850 |
| overdraft | |||||||
| change in cash | 55,099 | 1,131,272 | 27,179 | -227,032 | -159,522 | 306,189 | 114,850 |
notify technology ltd Credit Report and Business Information
Notify Technology Ltd Competitor Analysis
Perform a competitor analysis for notify technology ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in NE1 area or any other competitors across 12 key performance metrics.
notify technology ltd Ownership
NOTIFY TECHNOLOGY LTD group structure
Notify Technology Ltd has no subsidiary companies.
Ultimate parent company
NOTIFY TECHNOLOGY LTD
10756960
notify technology ltd directors
Notify Technology Ltd currently has 6 directors. The longest serving directors include Mr Duncan Davies (May 2017) and Mr Robert Dumbell (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan Davies | 51 years | May 2017 | - | Director | |
| Mr Robert Dumbell | United Kingdom | 46 years | May 2017 | - | Director |
| Ms Jayne Archbold | United Kingdom | 54 years | Apr 2019 | - | Director |
| Mrs Elizabeth Alexander | United Kingdom | 53 years | Nov 2021 | - | Director |
| Mr Gavin Disney-May | England | 62 years | Jun 2022 | - | Director |
| Mr Richard Moore | England | 52 years | Jun 2022 | - | Director |
P&L
March 2024turnover
2.5m
+14%
operating profit
-1.6m
0%
gross margin
37.9%
-1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
597.8k
+0.1%
total assets
1.8m
+0.11%
cash
1.2m
+0.05%
net assets
Total assets minus all liabilities
notify technology ltd company details
company number
10756960
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
AZETS AUDIT SERVICES
auditor
-
address
wizu workspace portland house, new bridge st w, newcastle upon tyne, NE1 8AL
Bank
-
Legal Advisor
-
notify technology 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 notify technology ltd. Currently there are 0 open charges and 3 have been satisfied in the past.
notify technology 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 NOTIFY TECHNOLOGY LTD. This can take several minutes, an email will notify you when this has completed.
notify technology ltd Companies House Filings - See Documents
| date | description | view/download |
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