null byte ltd
null byte ltd Company Information
Company Number
11271078
Website
-Registered Address
bizspace, steel house, plot 4300, solent business park, fareham, hampshire, PO15 7FP
Industry
Business and domestic software development
Other information technology and computer service activities
Telephone
-
Next Accounts Due
650 days late
Group Structure
View All
Directors
Sion Williams6 Years
Shareholders
sion williams 90%
noemie williams 10%
null byte ltd Estimated Valuation
Pomanda estimates the enterprise value of NULL BYTE LTD at £77.3k based on a Turnover of £134.9k and 0.57x industry multiple (adjusted for size and gross margin).
null byte ltd Estimated Valuation
Pomanda estimates the enterprise value of NULL BYTE LTD at £0 based on an EBITDA of £-2.8k and a 3.87x industry multiple (adjusted for size and gross margin).
null byte ltd Estimated Valuation
Pomanda estimates the enterprise value of NULL BYTE LTD at £123.3k based on Net Assets of £52.8k and 2.34x industry multiple (adjusted for liquidity).
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Null Byte Ltd Overview
Null Byte Ltd is a live company located in fareham, PO15 7FP with a Companies House number of 11271078. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2018, it's largest shareholder is sion williams with a 90% stake. Null Byte Ltd is a young, micro sized company, Pomanda has estimated its turnover at £134.9k with unknown growth in recent years.
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Null Byte Ltd Health Check
Pomanda's financial health check has awarded Null Byte Ltd a 2 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
2 Regular
6 Weak
Size
annual sales of £134.9k, make it smaller than the average company (£3.3m)
- Null Byte Ltd
£3.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Null Byte Ltd
- - Industry AVG
Production
with a gross margin of 33.9%, this company has a higher cost of product (61.5%)
- Null Byte Ltd
61.5% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (4.9%)
- Null Byte Ltd
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (28)
1 - Null Byte Ltd
28 - Industry AVG
Pay Structure
on an average salary of £58.5k, the company has an equivalent pay structure (£58.5k)
- Null Byte Ltd
£58.5k - Industry AVG
Efficiency
resulting in sales per employee of £134.9k, this is equally as efficient (£120.6k)
- Null Byte Ltd
£120.6k - Industry AVG
Debtor Days
it gets paid by customers after 158 days, this is later than average (60 days)
- Null Byte Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (41 days)
- Null Byte Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Null Byte Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Null Byte Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.5%, this is a lower level of debt than the average (63.6%)
13.5% - Null Byte Ltd
63.6% - Industry AVG
NULL BYTE LTD financials
Null Byte Ltd's latest turnover from March 2021 is estimated at £134.9 thousand and the company has net assets of £52.8 thousand. According to their latest financial statements, Null Byte Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Turnover | 107,290 | ||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | 0 | ||
| Interest Receivable | 0 | ||
| Pre-Tax Profit | 67,673 | ||
| Tax | -12,006 | ||
| Profit After Tax | 55,667 | ||
| Dividends Paid | 0 | ||
| Retained Profit | 55,667 | ||
| Employee Costs | 32,947 | ||
| Number Of Employees | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Tangible Assets | 2,369 | 5,174 | 4,787 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,369 | 5,174 | 4,787 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 58,681 | 80,773 | 38,648 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 58,681 | 80,773 | 38,648 |
| total assets | 61,050 | 85,947 | 43,435 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 8,266 | 30,402 | 21,194 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 8,266 | 30,402 | 21,194 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 8,266 | 30,402 | 21,194 |
| net assets | 52,784 | 55,545 | 22,241 |
| total shareholders funds | 52,784 | 55,545 | 22,241 |
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 2,393 | ||
| Amortisation | 0 | ||
| Tax | -12,006 | ||
| Stock | 0 | 0 | 0 |
| Debtors | -22,092 | 42,125 | 38,648 |
| Creditors | -22,136 | 9,208 | 21,194 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | 0 | ||
| cash flow from financing | -33,426 | ||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
null byte ltd Credit Report and Business Information
Null Byte Ltd Competitor Analysis
Perform a competitor analysis for null byte ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in PO15 area or any other competitors across 12 key performance metrics.
null byte ltd Ownership
NULL BYTE LTD group structure
Null Byte Ltd has no subsidiary companies.
Ultimate parent company
NULL BYTE LTD
11271078
null byte ltd directors
Null Byte Ltd currently has 1 director, Mr Sion Williams serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sion Williams | 39 years | Mar 2018 | - | Director |
P&L
March 2021turnover
134.9k
-23%
operating profit
-2.8k
0%
gross margin
33.9%
-0.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
52.8k
-0.05%
total assets
61.1k
-0.29%
cash
0
0%
net assets
Total assets minus all liabilities
null byte ltd company details
company number
11271078
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62090 - Other information technology and computer service activities
incorporation date
March 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2021
address
bizspace, steel house, plot 4300, solent business park, fareham, hampshire, PO15 7FP
accountant
-
auditor
-
null byte 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 null byte ltd.
null byte ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
