red seven technology group limited
red seven technology group limited Company Information
Company Number
10973790
Next Accounts
Aug 2025
Shareholders
dura software uk ltd
Group Structure
View All
Industry
Activities of head offices
Registered Address
new bridgewater house, mayfield avenue, manchester, M28 3JF
Website
http://invosys.comred seven technology group limited Estimated Valuation
Pomanda estimates the enterprise value of RED SEVEN TECHNOLOGY GROUP LIMITED at £9.6m based on a Turnover of £10.5m and 0.91x industry multiple (adjusted for size and gross margin).
red seven technology group limited Estimated Valuation
Pomanda estimates the enterprise value of RED SEVEN TECHNOLOGY GROUP LIMITED at £16m based on an EBITDA of £2.2m and a 7.18x industry multiple (adjusted for size and gross margin).
red seven technology group limited Estimated Valuation
Pomanda estimates the enterprise value of RED SEVEN TECHNOLOGY GROUP LIMITED at £3.4m based on Net Assets of £1.6m and 2.11x industry multiple (adjusted for liquidity).
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Red Seven Technology Group Limited Overview
Red Seven Technology Group Limited is a live company located in manchester, M28 3JF with a Companies House number of 10973790. It operates in the activities of head offices sector, SIC Code 70100. Founded in September 2017, it's largest shareholder is dura software uk ltd with a 100% stake. Red Seven Technology Group Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.5m with declining growth in recent years.
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Red Seven Technology Group Limited Health Check
Pomanda's financial health check has awarded Red Seven Technology Group Limited a 3.5 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
3 Strong
3 Regular
5 Weak
Size
annual sales of £10.5m, make it smaller than the average company (£19.8m)
£10.5m - Red Seven Technology Group Limited
£19.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.2%)
-2% - Red Seven Technology Group Limited
6.2% - Industry AVG
Production
with a gross margin of 63.1%, this company has a lower cost of product (33.1%)
63.1% - Red Seven Technology Group Limited
33.1% - Industry AVG
Profitability
an operating margin of 9.6% make it more profitable than the average company (5.7%)
9.6% - Red Seven Technology Group Limited
5.7% - Industry AVG
Employees
with 61 employees, this is below the industry average (109)
61 - Red Seven Technology Group Limited
109 - Industry AVG
Pay Structure
on an average salary of £49.9k, the company has an equivalent pay structure (£47.6k)
£49.9k - Red Seven Technology Group Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £172.6k, this is equally as efficient (£197.6k)
£172.6k - Red Seven Technology Group Limited
£197.6k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (45 days)
40 days - Red Seven Technology Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (44 days)
89 days - Red Seven Technology Group Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Red Seven Technology Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (16 weeks)
4 weeks - Red Seven Technology Group Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.8%, this is a higher level of debt than the average (55.7%)
82.8% - Red Seven Technology Group Limited
55.7% - Industry AVG
RED SEVEN TECHNOLOGY GROUP LIMITED financials
Red Seven Technology Group Limited's latest turnover from November 2023 is £10.5 million and the company has net assets of £1.6 million. According to their latest financial statements, Red Seven Technology Group Limited has 61 employees and maintains cash reserves of £719.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 10,529,991 | 9,514,804 | 10,628,882 | 11,104,475 | 12,608,851 | 15,593,828 | 10,879,989 |
| Other Income Or Grants | |||||||
| Cost Of Sales | 3,885,631 | 3,698,213 | 4,702,828 | 5,376,966 | 6,413,811 | 8,902,764 | 6,783,051 |
| Gross Profit | 6,644,360 | 5,816,591 | 5,926,054 | 5,727,509 | 6,195,040 | 6,691,064 | 4,096,938 |
| Admin Expenses | 5,636,050 | 4,917,773 | 5,741,097 | 5,146,894 | 5,788,364 | 5,363,296 | 2,766,930 |
| Operating Profit | 1,008,310 | 898,818 | 184,957 | 580,615 | 406,676 | 1,327,768 | 1,330,008 |
| Interest Payable | 640,085 | 407,216 | 299,122 | 346,502 | 664,748 | 238,111 | 25,397 |
| Interest Receivable | 472 | 11,972 | 67,262 | 50 | 11 | 696 | 29 |
| Pre-Tax Profit | 368,697 | 503,574 | -46,903 | 234,163 | -278,091 | 961,980 | 1,304,640 |
| Tax | -214,294 | -204,388 | -101,885 | -161,156 | -149,602 | -509,970 | -240,761 |
| Profit After Tax | 154,403 | 299,186 | -148,788 | 73,007 | -427,693 | 452,010 | 1,063,879 |
| Dividends Paid | 466,600 | 436,489 | 399,600 | 435,987 | 207,254 | 239,659 | 1,346,640 |
| Retained Profit | -312,197 | -137,303 | -548,388 | -362,980 | -634,947 | 212,351 | -282,761 |
| Employee Costs | 3,043,704 | 2,777,426 | 3,130,382 | 2,846,111 | 3,401,650 | 3,091,097 | 1,753,886 |
| Number Of Employees | 61 | 70 | 77 | 78 | 154 | 90 | 56 |
| EBITDA* | 2,228,061 | 1,941,600 | 1,273,210 | 1,636,140 | 1,471,995 | 2,511,822 | 1,548,281 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 300,213 | 330,044 | 389,335 | 336,184 | 369,038 | 432,174 | 395,682 |
| Intangible Assets | 4,050,899 | 5,186,528 | 6,096,338 | 6,785,403 | 7,773,587 | 8,767,870 | 9,408,872 |
| Investments & Other | 12,351 | ||||||
| Debtors (Due After 1 year) | 1,653,805 | ||||||
| Total Fixed Assets | 4,351,112 | 5,516,572 | 6,485,673 | 7,121,587 | 9,796,430 | 9,212,395 | 9,804,554 |
| Stock & work in progress | 26,875 | 70,178 | 81,617 | 72,052 | 25,288 | ||
| Trade Debtors | 1,159,719 | 1,348,397 | 2,251,328 | 1,221,015 | 1,014,291 | 1,048,646 | 748,809 |
| Group Debtors | |||||||
| Misc Debtors | 3,082,930 | 3,319,681 | 3,675,371 | 3,611,983 | 2,789,839 | 2,705,038 | 1,571,538 |
| Cash | 719,743 | 742,202 | 321,674 | 734,663 | 1,254,403 | 1,663,473 | 1,752,698 |
| misc current assets | |||||||
| total current assets | 4,962,392 | 5,410,280 | 6,275,248 | 5,637,839 | 5,140,150 | 5,489,209 | 4,098,333 |
| total assets | 9,313,504 | 10,926,852 | 12,760,921 | 12,759,426 | 14,936,580 | 14,701,604 | 13,902,887 |
| Bank overdraft | 5,215,178 | 550,000 | 570,000 | 551,000 | 580,053 | 654,886 | 698,668 |
| Bank loan | |||||||
| Trade Creditors | 949,186 | 1,670,607 | 2,373,560 | 1,157,490 | 1,255,126 | 2,107,951 | 1,615,109 |
| Group/Directors Accounts | |||||||
| other short term finances | 2,964 | 2,896 | 2,502,201 | ||||
| hp & lease commitments | 83,499 | 15,252 | 15,252 | ||||
| other current liabilities | 1,386,288 | 1,385,215 | 1,649,421 | 2,076,844 | 3,045,985 | 3,936,513 | 1,961,331 |
| total current liabilities | 7,634,151 | 3,621,074 | 4,611,197 | 3,788,230 | 7,383,365 | 6,699,350 | 4,275,108 |
| loans | 5,218,168 | 5,701,724 | 6,212,523 | 4,434,669 | 4,264,543 | ||
| hp & lease commitments | 79,043 | 101,297 | |||||
| Accruals and Deferred Income | 3,833 | ||||||
| other liabilities | 143,886 | 24,368 | 8,188 | 6,214,821 | |||
| provisions | 74,690 | 81,807 | 71,620 | 54,720 | 75,981 | 35,827 | 21,980 |
| total long term liabilities | 74,690 | 5,379,018 | 6,018,527 | 6,291,611 | 4,510,650 | 4,312,391 | 6,236,801 |
| total liabilities | 7,708,841 | 9,000,092 | 10,629,724 | 10,079,841 | 11,894,015 | 11,011,741 | 10,511,909 |
| net assets | 1,604,663 | 1,926,760 | 2,131,197 | 2,679,585 | 3,042,565 | 3,689,863 | 3,335,469 |
| total shareholders funds | 1,604,663 | 1,926,760 | 2,131,197 | 2,679,585 | 3,042,565 | 3,689,863 | 3,335,469 |
| Nov 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,008,310 | 898,818 | 184,957 | 580,615 | 406,676 | 1,327,768 | 1,330,008 |
| Depreciation | 34,122 | 49,890 | 72,720 | 63,466 | 68,036 | 67,773 | 88,633 |
| Amortisation | 1,185,629 | 992,892 | 1,015,533 | 992,059 | 997,283 | 1,116,281 | 129,640 |
| Tax | -214,294 | -204,388 | -101,885 | -161,156 | -149,602 | -509,970 | -240,761 |
| Stock | -26,875 | -43,303 | -11,439 | 9,565 | 46,764 | 25,288 | |
| Debtors | -425,429 | -1,258,621 | 1,093,701 | -624,937 | 1,704,251 | 1,433,337 | 2,320,347 |
| Creditors | -721,421 | -702,953 | 1,216,070 | -97,636 | -852,825 | 492,842 | 1,615,109 |
| Accruals and Deferred Income | 1,073 | -264,206 | -427,423 | -969,141 | -894,361 | 1,979,015 | 1,961,331 |
| Deferred Taxes & Provisions | -7,117 | 10,187 | 16,900 | -21,261 | 40,154 | 13,847 | 21,980 |
| Cash flow from operations | 1,711,731 | 2,065,736 | 926,474 | 1,023,322 | -2,098,455 | 3,007,455 | 2,560,305 |
| Investing Activities | |||||||
| capital expenditure | -7,900 | -818,611 | -10,067,827 | ||||
| Change in Investments | -12,351 | 12,351 | |||||
| cash flow from investments | 4,451 | -830,962 | -10,067,827 | ||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | -2,964 | 68 | -2,499,305 | 2,502,201 | |||
| Long term loans | -5,218,168 | -483,556 | -510,799 | 1,777,854 | 170,126 | 4,264,543 | |
| Hire Purchase and Lease Commitments | -10,796 | -22,254 | 116,549 | ||||
| other long term liabilities | -143,886 | 119,518 | 24,368 | -8,188 | -6,206,633 | 6,214,821 | |
| share issue | |||||||
| interest | -639,613 | -395,244 | -231,860 | -346,452 | -664,737 | -237,415 | -25,368 |
| cash flow from financing | -5,878,477 | -1,115,038 | -506,524 | -1,043,535 | 1,987,051 | -2,037,462 | 9,807,683 |
| cash and cash equivalents | |||||||
| cash | -22,459 | 420,528 | -412,989 | -519,740 | -409,070 | -89,225 | 1,752,698 |
| overdraft | 4,665,178 | -20,000 | 19,000 | -29,053 | -74,833 | -43,782 | 698,668 |
| change in cash | -4,687,637 | 440,528 | -431,989 | -490,687 | -334,237 | -45,443 | 1,054,030 |
red seven technology group limited Credit Report and Business Information
Red Seven Technology Group Limited Competitor Analysis
Perform a competitor analysis for red seven technology group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in M28 area or any other competitors across 12 key performance metrics.
red seven technology group limited Ownership
RED SEVEN TECHNOLOGY GROUP LIMITED group structure
Red Seven Technology Group Limited has 5 subsidiary companies.
Ultimate parent company
DURA SOFTWARE INC
#0161843
2 parents
RED SEVEN TECHNOLOGY GROUP LIMITED
10973790
5 subsidiaries
red seven technology group limited directors
Red Seven Technology Group Limited currently has 2 directors. The longest serving directors include Mrs Jane Tuffs (Mar 2024) and Mr Justin Brady (Mar 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jane Tuffs | England | 55 years | Mar 2024 | - | Director |
| Mr Justin Brady | England | 52 years | Mar 2024 | - | Director |
P&L
November 2023turnover
10.5m
+11%
operating profit
1m
+12%
gross margin
63.1%
+3.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
1.6m
-0.17%
total assets
9.3m
-0.15%
cash
719.7k
-0.03%
net assets
Total assets minus all liabilities
red seven technology group limited company details
company number
10973790
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
September 2017
age
8
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
November 2023
previous names
red 7 technology group limited (February 2018)
accountant
-
auditor
CROSSLEY & DAVIS
address
new bridgewater house, mayfield avenue, manchester, M28 3JF
Bank
SANTANDER BANK PLC
Legal Advisor
-
red seven technology group 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 found 3 charges/mortgages relating to red seven technology group limited. Currently there are 0 open charges and 3 have been satisfied in the past.
red seven technology group 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.
Click to start generating capital raising & share issue transactions for RED SEVEN TECHNOLOGY GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
red seven technology group limited Companies House Filings - See Documents
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