pushfar ltd

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pushfar ltd Company Information

Share PUSHFAR LTD

Company Number

11256306

Shareholders

sucfiii h1 limited

Group Structure

View All

Industry

Web portals

 

Registered Address

44 catherine place, london, SW1E 6HL

pushfar ltd Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of PUSHFAR LTD at £1.5m based on a Turnover of £1.5m and 1.04x industry multiple (adjusted for size and gross margin).

pushfar ltd Estimated Valuation

£644.9k

Pomanda estimates the enterprise value of PUSHFAR LTD at £644.9k based on an EBITDA of £119.5k and a 5.4x industry multiple (adjusted for size and gross margin).

pushfar ltd Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of PUSHFAR LTD at £1.2m based on Net Assets of £531.1k and 2.3x industry multiple (adjusted for liquidity).

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Pushfar Ltd Overview

Pushfar Ltd is a live company located in london, SW1E 6HL with a Companies House number of 11256306. It operates in the web portals sector, SIC Code 63120. Founded in March 2018, it's largest shareholder is sucfiii h1 limited with a 100% stake. Pushfar Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.

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Pushfar Ltd Health Check

Pomanda's financial health check has awarded Pushfar Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.5m, make it smaller than the average company (£3.7m)

£1.5m - Pushfar Ltd

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (10%)

46% - Pushfar Ltd

10% - Industry AVG

production

Production

with a gross margin of 53.6%, this company has a comparable cost of product (53.6%)

53.6% - Pushfar Ltd

53.6% - Industry AVG

profitability

Profitability

an operating margin of 8% make it more profitable than the average company (2.8%)

8% - Pushfar Ltd

2.8% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (25)

5 - Pushfar Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £59k, the company has an equivalent pay structure (£59k)

£59k - Pushfar Ltd

£59k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £296k, this is more efficient (£160.7k)

£296k - Pushfar Ltd

£160.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 53 days, this is later than average (32 days)

53 days - Pushfar Ltd

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (37 days)

8 days - Pushfar Ltd

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pushfar Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 86 weeks, this is more cash available to meet short term requirements (14 weeks)

86 weeks - Pushfar Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 39.4%, this is a lower level of debt than the average (66.1%)

39.4% - Pushfar Ltd

66.1% - Industry AVG

PUSHFAR LTD financials

EXPORTms excel logo

Pushfar Ltd's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of £531.1 thousand. According to their latest financial statements, Pushfar Ltd has 5 employees and maintains cash reserves of £572.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019
Turnover1,480,239907,902539,491474,376147,74790,371
Other Income Or Grants000000
Cost Of Sales687,347331,325165,610145,15948,64232,162
Gross Profit792,892576,577373,880329,21799,10558,209
Admin Expenses674,279333,065358,711461,049213,094110,980
Operating Profit118,613243,51215,169-131,832-113,989-52,771
Interest Payable000000
Interest Receivable25,84010,685480116178191
Pre-Tax Profit144,453254,19615,649-131,716-113,811-52,580
Tax-36,113-48,297-2,973000
Profit After Tax108,340205,89912,676-131,716-113,811-52,580
Dividends Paid000000
Retained Profit108,340205,89912,676-131,716-113,811-52,580
Employee Costs294,981252,721207,323156,15049,33348,624
Number Of Employees554311
EBITDA*119,455244,32816,022-131,524-113,789-52,537

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019
Tangible Assets8,2774,7135,0694,5251,1291,329
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets8,2774,7135,0694,5251,1291,329
Stock & work in progress000000
Trade Debtors218,263140,717101,04597,82600
Group Debtors000000
Misc Debtors76,49828,63543,2585200
Cash572,603411,782198,775185,45247,38651,032
misc current assets000010
total current assets867,364581,134343,078283,33047,38751,032
total assets875,641585,847348,147287,85548,51652,361
Bank overdraft000000
Bank loan000000
Trade Creditors 16,0558,9276,9386,84901
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities326,749154,216130,26698,59200
total current liabilities342,804163,143137,204105,44101
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions1,78700000
total long term liabilities1,78700000
total liabilities344,591163,143137,204105,44101
net assets531,050422,704210,943182,41448,51652,360
total shareholders funds531,050422,704210,943182,41448,51652,360
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Mar 2019
Operating Activities
Operating Profit118,613243,51215,169-131,832-113,989-52,771
Depreciation842816853308200234
Amortisation000000
Tax-36,113-48,297-2,973000
Stock000000
Debtors125,40925,04946,42597,87800
Creditors7,1281,989896,84901
Accruals and Deferred Income172,53323,95031,67498,59200
Deferred Taxes & Provisions1,78700000
Cash flow from operations139,381196,921-1,613-123,961-113,789-52,536
Investing Activities
capital expenditure-4,406-460-1,397-3,704-1,329-1,563
Change in Investments000000
cash flow from investments-4,406-460-1,397-3,704-1,329-1,563
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue65,86215,853265,614162,327104,940
interest25,84010,685480116178191
cash flow from financing25,84616,54716,333265,730162,505105,131
cash and cash equivalents
cash160,821213,00713,323138,06647,38651,032
overdraft000000
change in cash160,821213,00713,323138,06647,38651,032

pushfar ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pushfar Ltd Competitor Analysis

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Perform a competitor analysis for pushfar ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in SW1E area or any other competitors across 12 key performance metrics.

pushfar ltd Ownership

PUSHFAR LTD group structure

Pushfar Ltd has no subsidiary companies.

Ultimate parent company

PUSHFAR LTD

11256306

PUSHFAR LTD Shareholders

sucfiii h1 limited 100%

pushfar ltd directors

Pushfar Ltd currently has 2 directors. The longest serving directors include Mr Mikkel Tolnaes (Dec 2023) and Mr Stephen Read (Jan 2025).

officercountryagestartendrole
Mr Mikkel TolnaesEngland33 years Dec 2023- Director
Mr Stephen ReadEngland56 years Jan 2025- Director

P&L

December 2023

turnover

1.5m

+63%

operating profit

118.6k

0%

gross margin

53.6%

-15.65%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

531.1k

+0.26%

total assets

875.6k

+0.49%

cash

572.6k

+0.39%

net assets

Total assets minus all liabilities

pushfar ltd company details

company number

11256306

Type

Private limited with Share Capital

industry

63120 - Web portals

incorporation date

March 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

HILLIER HOPKINS LLP

auditor

-

address

44 catherine place, london, SW1E 6HL

Bank

-

Legal Advisor

-

pushfar 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 2 charges/mortgages relating to pushfar ltd. Currently there are 1 open charges and 1 have been satisfied in the past.

pushfar 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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pushfar ltd Companies House Filings - See Documents

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