dynamic apps ltd

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dynamic apps ltd Company Information

Share DYNAMIC APPS LTD

Company Number

11501448

Shareholders

susanne farmer

haydn farmer

Group Structure

View All

Industry

Business and domestic software development

 

Registered Address

payton house packwood court, guild street, stratford-upon-avon, CV37 6RP

Website

-

dynamic apps ltd Estimated Valuation

£79.9k

Pomanda estimates the enterprise value of DYNAMIC APPS LTD at £79.9k based on a Turnover of £93.4k and 0.86x industry multiple (adjusted for size and gross margin).

dynamic apps ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of DYNAMIC APPS LTD at £0 based on an EBITDA of £-11.3k and a 5.29x industry multiple (adjusted for size and gross margin).

dynamic apps ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of DYNAMIC APPS LTD at £0 based on Net Assets of £-15.7k and 2.37x industry multiple (adjusted for liquidity).

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Dynamic Apps Ltd Overview

Dynamic Apps Ltd is a live company located in stratford-upon-avon, CV37 6RP with a Companies House number of 11501448. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2018, it's largest shareholder is susanne farmer with a 50% stake. Dynamic Apps Ltd is a young, micro sized company, Pomanda has estimated its turnover at £93.4k with rapid growth in recent years.

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Dynamic Apps Ltd Health Check

Pomanda's financial health check has awarded Dynamic Apps Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £93.4k, make it smaller than the average company (£3.5m)

£93.4k - Dynamic Apps Ltd

£3.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 280%, show it is growing at a faster rate (8.7%)

280% - Dynamic Apps Ltd

8.7% - Industry AVG

production

Production

with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)

72.4% - Dynamic Apps Ltd

72.4% - Industry AVG

profitability

Profitability

an operating margin of -16.9% make it less profitable than the average company (3.7%)

-16.9% - Dynamic Apps Ltd

3.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (31)

1 - Dynamic Apps Ltd

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £66.8k, the company has an equivalent pay structure (£66.8k)

£66.8k - Dynamic Apps Ltd

£66.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £93.4k, this is less efficient (£113.2k)

£93.4k - Dynamic Apps Ltd

£113.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Dynamic Apps Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 6 days, this is quicker than average (44 days)

6 days - Dynamic Apps Ltd

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Dynamic Apps Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (19 weeks)

1 weeks - Dynamic Apps Ltd

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 148.6%, this is a higher level of debt than the average (61.1%)

148.6% - Dynamic Apps Ltd

61.1% - Industry AVG

DYNAMIC APPS LTD financials

EXPORTms excel logo

Dynamic Apps Ltd's latest turnover from August 2023 is estimated at £93.4 thousand and the company has net assets of -£15.7 thousand. According to their latest financial statements, Dynamic Apps Ltd has 1 employee and maintains cash reserves of £1.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019
Turnover93,4111,3644881,700588
Other Income Or Grants
Cost Of Sales25,833363132445152
Gross Profit67,5781,0013571,255436
Admin Expenses83,4021355361,557680
Operating Profit-15,824866-179-302-244
Interest Payable
Interest Receivable8220
Pre-Tax Profit-15,742886-179-302-244
Tax-168
Profit After Tax-15,742718-179-302-244
Dividends Paid
Retained Profit-15,742718-179-302-244
Employee Costs66,83363,00058,93455,57959,178
Number Of Employees11111
EBITDA*-11,2801,166-179-302-244

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019
Tangible Assets8,2521,499
Intangible Assets2,995
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets11,2471,499
Stock & work in progress
Trade Debtors22998311107
Group Debtors
Misc Debtors19,832550283157
Cash1,2941,833498
misc current assets151
total current assets21,1262,612879468258
total assets32,3734,111879468258
Bank overdraft
Bank loan
Trade Creditors 4801854352
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities47,6404,1161,601
total current liabilities48,1204,1161,602854352
loans
hp & lease commitments
Accruals and Deferred Income160150
other liabilities
provisions
total long term liabilities160150
total liabilities48,1204,1161,6021,014502
net assets-15,747-5-723-546-244
total shareholders funds-15,747-5-723-546-244
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019
Operating Activities
Operating Profit-15,824866-179-302-244
Depreciation3,795300
Amortisation749
Tax-168
Stock
Debtors19,053398-87361107
Creditors480-1-853502352
Accruals and Deferred Income43,5242,5151,44110150
Deferred Taxes & Provisions
Cash flow from operations13,6713,114496-151151
Investing Activities
capital expenditure-14,292-1,799
Change in Investments
cash flow from investments-14,292-1,799
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2
interest8220
cash flow from financing82202
cash and cash equivalents
cash-5391,335498
overdraft
change in cash-5391,335498

dynamic apps 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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Dynamic Apps Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for dynamic apps ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CV37 area or any other competitors across 12 key performance metrics.

dynamic apps ltd Ownership

DYNAMIC APPS LTD group structure

Dynamic Apps Ltd has no subsidiary companies.

Ultimate parent company

DYNAMIC APPS LTD

11501448

DYNAMIC APPS LTD Shareholders

susanne farmer 50%
haydn farmer 50%

dynamic apps ltd directors

Dynamic Apps Ltd currently has 3 directors. The longest serving directors include Mrs Susanne Farmer (Aug 2018) and Mr Haydn Farmer (Aug 2018).

officercountryagestartendrole
Mrs Susanne FarmerEngland62 years Aug 2018- Director
Mr Haydn Farmer64 years Aug 2018- Director
Mr Owen FarmerEngland21 years Apr 2020- Director

P&L

August 2023

turnover

93.4k

+6746%

operating profit

-15.8k

0%

gross margin

72.4%

-1.43%

turnover

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

Balance Sheet

August 2023

net assets

-15.7k

+3148.4%

total assets

32.4k

+6.87%

cash

1.3k

-0.29%

net assets

Total assets minus all liabilities

dynamic apps ltd company details

company number

11501448

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

August 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

N/A

accountant

BERNARD ROGERS & CO

auditor

-

address

payton house packwood court, guild street, stratford-upon-avon, CV37 6RP

Bank

-

Legal Advisor

-

dynamic apps 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 dynamic apps ltd.

dynamic apps 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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dynamic apps ltd Companies House Filings - See Documents

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