Pomanda estimates the enterprise value of PAYSURE SOLUTIONS LTD at £2.8m based on a Turnover of £4.4m and 0.65x industry multiple (adjusted for size and gross margin).
paysure solutions ltdEstimated Valuation
£3.5m
Pomanda estimates the enterprise value of PAYSURE SOLUTIONS LTD at £3.5m based on an EBITDA of £781.7k and a 4.48x industry multiple (adjusted for size and gross margin).
paysure solutions ltdEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of PAYSURE SOLUTIONS LTD at £1.3m based on Net Assets of £544.5k and 2.38x industry multiple (adjusted for liquidity).
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Paysure Solutions LtdOverview
Paysure Solutions Ltd is a live company located in london, W1W 7LT with a Companies House number of 10762474. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2017, it's largest shareholder is
black ravens llc
with a 59% stake. Paysure Solutions Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£4.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Paysure Solutions Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £4.4m, make it larger than the average company (£2.6m)
£4.4m - Paysure Solutions Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 273%, show it is growing at a faster rate (10.5%)
273% - Paysure Solutions Ltd
10.5% - Industry AVG
Production
with a gross margin of 53.7%, this company has a comparable cost of product (53.7%)
53.7% - Paysure Solutions Ltd
53.7% - Industry AVG
Profitability
an operating margin of 17.9% make it more profitable than the average company (5.8%)
17.9% - Paysure Solutions Ltd
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (19)
2 - Paysure Solutions Ltd
19 - Industry AVG
Pay Structure
on an average salary of £58k, the company has an equivalent pay structure (£58k)
£58k - Paysure Solutions Ltd
£58k - Industry AVG
Efficiency
resulting in sales per employee of £2.2m, this is more efficient (£133.1k)
£2.2m - Paysure Solutions Ltd
£133.1k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (54 days)
102 days - Paysure Solutions Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (31 days)
4 days - Paysure Solutions Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Paysure Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (21 weeks)
4 weeks - Paysure Solutions Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.4%, this is a similar level of debt than the average (58.1%)
57.4% - Paysure Solutions Ltd
58.1% - Industry AVG
PAYSURE SOLUTIONS LTD financials
EXPORT
Paysure Solutions Ltd's latest turnover from May 2024 is estimated at £4.4 million and the company has net assets of £544.5 thousand. According to their latest financial statements, Paysure Solutions Ltd has 2 employees and maintains cash reserves of £46.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Turnover
4,351,585
147,611
201,369
83,754
18,873
249,914
224,220
Other Income Or Grants
Cost Of Sales
2,015,388
67,499
91,035
37,807
8,081
104,422
93,124
Gross Profit
2,336,197
80,112
110,334
45,946
10,792
145,493
131,095
Admin Expenses
1,556,134
253,863
496,457
418,841
528,245
286,252
335,496
Operating Profit
780,063
-173,751
-386,123
-372,895
-517,453
-140,759
-204,401
Interest Payable
Interest Receivable
1,649
737
293
44
31
170
72
Pre-Tax Profit
781,712
-173,014
-385,830
-372,851
-517,422
-140,589
-204,329
Tax
-195,428
Profit After Tax
586,284
-173,014
-385,830
-372,851
-517,422
-140,589
-204,329
Dividends Paid
Retained Profit
586,284
-173,014
-385,830
-372,851
-517,422
-140,589
-204,329
Employee Costs
116,057
109,556
103,586
48,441
46,461
152,949
101,158
Number Of Employees
2
2
2
1
1
3
2
EBITDA*
781,733
-171,851
-383,915
-371,859
-517,309
-140,567
-204,321
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Tangible Assets
5,550
5,943
7,595
3,103
433
577
239
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
114,583
Total Fixed Assets
5,550
5,943
7,595
3,103
433
115,160
239
Stock & work in progress
Trade Debtors
1,225,841
10,314
32,994
50,000
Group Debtors
Misc Debtors
1,273
50,828
6,917
20,711
146,356
496,587
23,901
Cash
46,168
16,635
16,113
42,513
44,896
16,441
28,840
misc current assets
total current assets
1,273,282
77,777
56,024
63,224
191,252
563,028
52,741
total assets
1,278,832
83,720
63,619
66,327
191,685
678,188
52,980
Bank overdraft
Bank loan
Trade Creditors
23,719
37,870
17,616
19,398
5,149
4,252
38,468
Group/Directors Accounts
1,033
954
other short term finances
hp & lease commitments
other current liabilities
466,053
17,436
8,538
38,622
1,876
161,841
111,841
total current liabilities
490,805
56,260
26,154
58,020
7,025
166,093
150,309
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
243,535
409,512
246,503
196,498
provisions
total long term liabilities
243,535
409,512
246,503
196,498
total liabilities
734,340
465,772
272,657
254,518
7,025
166,093
150,309
net assets
544,492
-382,052
-209,038
-188,191
184,660
512,095
-97,329
total shareholders funds
544,492
-382,052
-209,038
-188,191
184,660
512,095
-97,329
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Operating Activities
Operating Profit
780,063
-173,751
-386,123
-372,895
-517,453
-140,759
-204,401
Depreciation
1,670
1,900
2,208
1,036
144
192
80
Amortisation
Tax
-195,428
Stock
Debtors
1,165,972
21,231
19,200
-125,645
-514,814
637,269
23,901
Creditors
-14,151
20,254
-1,782
14,249
897
-34,216
38,468
Accruals and Deferred Income
448,617
8,898
-30,084
36,746
-159,965
50,000
111,841
Deferred Taxes & Provisions
Cash flow from operations
-145,201
-163,930
-434,981
-195,219
-161,563
-762,052
-77,913
Investing Activities
capital expenditure
-1,277
-248
-6,700
-3,706
-530
-319
Change in Investments
cash flow from investments
-1,277
-248
-6,700
-3,706
-530
-319
Financing Activities
Bank loans
Group/Directors Accounts
79
954
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-165,977
163,009
50,005
196,498
share issue
340,260
364,983
189,987
750,013
107,000
interest
1,649
737
293
44
31
170
72
cash flow from financing
176,011
164,700
415,281
196,542
190,018
750,183
107,072
cash and cash equivalents
cash
29,533
522
-26,400
-2,383
28,455
-12,399
28,840
overdraft
change in cash
29,533
522
-26,400
-2,383
28,455
-12,399
28,840
paysure solutions ltd 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 paysure solutions ltd. Get real-time insights into paysure solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for paysure solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.
paysure solutions ltd Ownership
PAYSURE SOLUTIONS LTD group structure
Paysure Solutions Ltd has no subsidiary companies.
Ultimate parent company
BLACK RAVENS LLC
#0168631
1 parent
PAYSURE SOLUTIONS LTD
10762474
PAYSURE SOLUTIONS LTD Shareholders
The largest shareholders in Paysure Solutions Ltd include Black Ravens Llc and Snehith Chaithanya Gopal Peddiraju.
black ravens llc
58.99%
snehith chaithanya gopal peddiraju
20.5%
anthony russell osborn
20.5%
paysure solutions ltd directors
Paysure Solutions Ltd currently has 4 directors.
The longest serving directors include
Mr Snehith Peddiraju (May 2017) and
Mr Anthony Osborn (Nov 2018).
70229 - Management consultancy activities (other than financial management)
62012 - Business and domestic software development
82990 - Other business support service activities n.e.c.
incorporation date
May 2017
age
8
incorporated
UK
ultimate parent company
BLACK RAVENS LLC
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
85 great portland street, first floor, london, W1W 7LT
Bank
-
Legal Advisor
-
paysure solutions 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 did not find charges/mortgages relating to paysure solutions ltd.
paysure solutions 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.
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paysure solutions ltdCompanies House Filings - See Documents
