factor 50 ltd

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factor 50 ltd Company Information

Share FACTOR 50 LTD

Company Number

11447500

Shareholders

matthew denman

mark hawkins

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Group Structure

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Industry

Computer consultancy activities

 +1

Registered Address

4th floor, market square house, st. james's street, nottingham, NG1 6FG

factor 50 ltd Estimated Valuation

£606k

Pomanda estimates the enterprise value of FACTOR 50 LTD at £606k based on a Turnover of £719.9k and 0.84x industry multiple (adjusted for size and gross margin).

factor 50 ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FACTOR 50 LTD at £0 based on an EBITDA of £-127.1k and a 5.19x industry multiple (adjusted for size and gross margin).

factor 50 ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FACTOR 50 LTD at £0 based on Net Assets of £-439.6k and 2.29x industry multiple (adjusted for liquidity).

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Factor 50 Ltd Overview

Factor 50 Ltd is a live company located in nottingham, NG1 6FG with a Companies House number of 11447500. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2018, it's largest shareholder is matthew denman with a 44.2% stake. Factor 50 Ltd is a young, small sized company, Pomanda has estimated its turnover at £719.9k with rapid growth in recent years.

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Factor 50 Ltd Health Check

Pomanda's financial health check has awarded Factor 50 Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £719.9k, make it smaller than the average company (£4.7m)

£719.9k - Factor 50 Ltd

£4.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (7.2%)

31% - Factor 50 Ltd

7.2% - Industry AVG

production

Production

with a gross margin of 54.5%, this company has a comparable cost of product (54.5%)

54.5% - Factor 50 Ltd

54.5% - Industry AVG

profitability

Profitability

an operating margin of -17.8% make it less profitable than the average company (5.1%)

-17.8% - Factor 50 Ltd

5.1% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (28)

8 - Factor 50 Ltd

28 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.7k, the company has an equivalent pay structure (£70.7k)

£70.7k - Factor 50 Ltd

£70.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £90k, this is less efficient (£156.8k)

£90k - Factor 50 Ltd

£156.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 46 days, this is near the average (57 days)

46 days - Factor 50 Ltd

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 44 days, this is slower than average (32 days)

44 days - Factor 50 Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Factor 50 Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)

0 weeks - Factor 50 Ltd

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 273.4%, this is a higher level of debt than the average (58.2%)

273.4% - Factor 50 Ltd

58.2% - Industry AVG

FACTOR 50 LTD financials

EXPORTms excel logo

Factor 50 Ltd's latest turnover from December 2023 is estimated at £719.9 thousand and the company has net assets of -£439.6 thousand. According to their latest financial statements, Factor 50 Ltd has 8 employees and maintains cash reserves of £11.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Turnover719,863389,379403,902320,112224,487
Other Income Or Grants
Cost Of Sales327,508175,542185,564144,388102,670
Gross Profit392,355213,837218,338175,724121,817
Admin Expenses520,343245,536283,374333,198181,593
Operating Profit-127,988-31,699-65,036-157,474-59,776
Interest Payable
Interest Receivable5763771634249
Pre-Tax Profit-127,412-31,322-65,020-157,440-59,527
Tax
Profit After Tax-127,412-31,322-65,020-157,440-59,527
Dividends Paid
Retained Profit-127,412-31,322-65,020-157,440-59,527
Employee Costs565,222386,324355,537386,021281,967
Number Of Employees86675
EBITDA*-127,098-30,586-63,645-155,981-58,346

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Tangible Assets3,5614,4515,5645,9745,719
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,5614,4515,5645,9745,719
Stock & work in progress
Trade Debtors92,59735,39142,7218,6004,500
Group Debtors
Misc Debtors145,830184,31492,23649,84411,059
Cash11,57110,35311,1861,41666,412
misc current assets
total current assets249,998230,058146,14359,86081,971
total assets253,559234,509151,70765,83487,690
Bank overdraft
Bank loan
Trade Creditors 39,6887,2876,2186106,332
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities653,462539,531426,476281,191139,885
total current liabilities693,150546,818432,694281,801146,217
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities693,150546,818432,694281,801146,217
net assets-439,591-312,309-280,987-215,967-58,527
total shareholders funds-439,591-312,309-280,987-215,967-58,527
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Operating Activities
Operating Profit-127,988-31,699-65,036-157,474-59,776
Depreciation8901,1131,3911,4931,430
Amortisation
Tax
Stock
Debtors18,72284,74876,51342,88515,559
Creditors32,4011,0695,608-5,7226,332
Accruals and Deferred Income113,931113,055145,285141,306139,885
Deferred Taxes & Provisions
Cash flow from operations512-1,21010,735-63,28272,312
Investing Activities
capital expenditure-981-1,748-7,149
Change in Investments
cash flow from investments-981-1,748-7,149
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1301,000
interest5763771634249
cash flow from financing70637716341,249
cash and cash equivalents
cash1,218-8339,770-64,99666,412
overdraft
change in cash1,218-8339,770-64,99666,412

factor 50 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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Factor 50 Ltd Competitor Analysis

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Perform a competitor analysis for factor 50 ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in NG1 area or any other competitors across 12 key performance metrics.

factor 50 ltd Ownership

FACTOR 50 LTD group structure

Factor 50 Ltd has no subsidiary companies.

Ultimate parent company

FACTOR 50 LTD

11447500

FACTOR 50 LTD Shareholders

matthew denman 44.25%
mark hawkins 44.25%
daghni rajasingam 5.75%
james william easton 5.75%

factor 50 ltd directors

Factor 50 Ltd currently has 4 directors. The longest serving directors include Mr Mark Hawkins (Jul 2018) and Mr Matthew Denman (Jul 2018).

officercountryagestartendrole
Mr Mark Hawkins50 years Jul 2018- Director
Mr Matthew DenmanUnited Kingdom52 years Jul 2018- Director
Dr Daghni RajasingamEngland58 years Nov 2023- Director
Mr James EastonEngland61 years Nov 2023- Director

P&L

December 2023

turnover

719.9k

+85%

operating profit

-128k

0%

gross margin

54.6%

-0.75%

turnover

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

Balance Sheet

December 2023

net assets

-439.6k

+0.41%

total assets

253.6k

+0.08%

cash

11.6k

+0.12%

net assets

Total assets minus all liabilities

factor 50 ltd company details

company number

11447500

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

63110 - Data processing, hosting and related activities

incorporation date

July 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

5000 lives ltd (December 2018)

accountant

UHY HACKER YOUNG

auditor

-

address

4th floor, market square house, st. james's street, nottingham, NG1 6FG

Bank

-

Legal Advisor

-

factor 50 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 factor 50 ltd.

factor 50 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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factor 50 ltd Companies House Filings - See Documents

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