11:fs foundry limited
11:fs foundry limited Company Information
Company Number
11418349
Next Accounts
91 days late
Industry
Management consultancy activities (other than financial management)
Business and domestic software development
Shareholders
11:fs group limited
dnb bank asa
Group Structure
View All
Contact
Registered Address
business cube, 43, worship street, london, EC2A 2DU
Website
11fs.com11:fs foundry limited Estimated Valuation
Pomanda estimates the enterprise value of 11:FS FOUNDRY LIMITED at £509.1k based on a Turnover of £712.9k and 0.71x industry multiple (adjusted for size and gross margin).
11:fs foundry limited Estimated Valuation
Pomanda estimates the enterprise value of 11:FS FOUNDRY LIMITED at £0 based on an EBITDA of £-1.4m and a 4.92x industry multiple (adjusted for size and gross margin).
11:fs foundry limited Estimated Valuation
Pomanda estimates the enterprise value of 11:FS FOUNDRY LIMITED at £0 based on Net Assets of £-536k and 2.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
11:fs Foundry Limited Overview
11:fs Foundry Limited is a live company located in london, EC2A 2DU with a Companies House number of 11418349. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2018, it's largest shareholder is 11:fs group limited with a 90% stake. 11:fs Foundry Limited is a young, small sized company, Pomanda has estimated its turnover at £712.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
11:fs Foundry Limited Health Check
Pomanda's financial health check has awarded 11:Fs Foundry Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £712.9k, make it smaller than the average company (£2.4m)
- 11:fs Foundry Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (5.7%)
- 11:fs Foundry Limited
5.7% - Industry AVG
Production
with a gross margin of 58.4%, this company has a comparable cost of product (58.4%)
- 11:fs Foundry Limited
58.4% - Industry AVG
Profitability
an operating margin of -195.7% make it less profitable than the average company (6%)
- 11:fs Foundry Limited
6% - Industry AVG
Employees
with 9 employees, this is below the industry average (20)
9 - 11:fs Foundry Limited
20 - Industry AVG
Pay Structure
on an average salary of £60.4k, the company has an equivalent pay structure (£60.4k)
- 11:fs Foundry Limited
£60.4k - Industry AVG
Efficiency
resulting in sales per employee of £79.2k, this is less efficient (£125k)
- 11:fs Foundry Limited
£125k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- 11:fs Foundry Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (35 days)
- 11:fs Foundry Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 11:fs Foundry Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (21 weeks)
3 weeks - 11:fs Foundry Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 815.5%, this is a higher level of debt than the average (59.7%)
815.5% - 11:fs Foundry Limited
59.7% - Industry AVG
11:FS FOUNDRY LIMITED financials
11:Fs Foundry Limited's latest turnover from December 2022 is estimated at £712.9 thousand and the company has net assets of -£536 thousand. According to their latest financial statements, 11:Fs Foundry Limited has 9 employees and maintains cash reserves of £43.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | 9 | 9 | 16 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,371 | 9,567 | 28,728 | 60,297 | 2,066 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,371 | 9,567 | 28,728 | 60,297 | 2,066 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 857,385 | 0 |
| Group Debtors | 0 | 191,457 | 0 | 2,502,663 | 3,000,009 |
| Misc Debtors | 28,639 | 249,898 | 2,142,117 | 1,551,925 | 0 |
| Cash | 43,903 | 744,249 | 438,647 | 195 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 72,542 | 1,185,604 | 2,580,764 | 4,912,168 | 3,000,009 |
| total assets | 74,913 | 1,195,171 | 2,609,492 | 4,972,465 | 3,002,075 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,538 | 10,995 | 4,635 | 29,114 | 941 |
| Group/Directors Accounts | 519,921 | 0 | 135,691 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 89,443 | 339,087 | 232,990 | 376,231 | 513,840 |
| total current liabilities | 610,902 | 350,082 | 373,316 | 405,345 | 514,781 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 610,902 | 350,082 | 373,316 | 405,345 | 514,781 |
| net assets | -535,989 | 845,089 | 2,236,176 | 4,567,120 | 2,487,294 |
| total shareholders funds | -535,989 | 845,089 | 2,236,176 | 4,567,120 | 2,487,294 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 9,620 | 21,529 | 24,742 | 16,040 | 212 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -412,716 | -1,700,762 | -2,769,856 | 1,911,964 | 3,000,009 |
| Creditors | -9,457 | 6,360 | -24,479 | 28,173 | 941 |
| Accruals and Deferred Income | -249,644 | 106,097 | -143,241 | -137,609 | 513,840 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 519,921 | -135,691 | 135,691 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -700,346 | 305,602 | 438,452 | 195 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -700,346 | 305,602 | 438,452 | 195 | 0 |
11:fs foundry limited Credit Report and Business Information
11:fs Foundry Limited Competitor Analysis
Perform a competitor analysis for 11:fs foundry limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
11:fs foundry limited Ownership
11:FS FOUNDRY LIMITED group structure
11:Fs Foundry Limited has no subsidiary companies.
11:fs foundry limited directors
11:Fs Foundry Limited currently has 3 directors. The longest serving directors include Mr David Brear (Jun 2018) and Mr Shaun Meadows (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Brear | United Kingdom | 44 years | Jun 2018 | - | Director |
| Mr Shaun Meadows | England | 61 years | Aug 2020 | - | Director |
| Mr Martin Vollan | Norway | 40 years | Aug 2021 | - | Director |
P&L
December 2022turnover
712.9k
+4%
operating profit
-1.4m
0%
gross margin
58.5%
-1.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-536k
-1.63%
total assets
74.9k
-0.94%
cash
43.9k
-0.94%
net assets
Total assets minus all liabilities
Similar Companies
11:fs foundry limited company details
company number
11418349
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
70229 - Management consultancy activities (other than financial management)
62012 - Business and domestic software development
incorporation date
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
LAMBERT CHAPMAN LLP
auditor
-
address
business cube, 43, worship street, london, EC2A 2DU
Bank
SANTANDER UK PLC, SANTANDER UK PLC
Legal Advisor
-
11:fs foundry 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 did not find charges/mortgages relating to 11:fs foundry limited.
11:fs foundry 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 11:FS FOUNDRY LIMITED. This can take several minutes, an email will notify you when this has completed.
11:fs foundry limited Companies House Filings - See Documents
| date | description | view/download |
|---|
