uptime app limited
uptime app limited Company Information
Company Number
11587829
Website
www.wingsykits.comRegistered Address
1st floor, the glassmill, 1 battersea bridge road, london, SW11 3BZ
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
james alexander true 37.8%
vault investments lp 10.8%
View Alluptime app limited Estimated Valuation
Pomanda estimates the enterprise value of UPTIME APP LIMITED at £1.4m based on a Turnover of £1.7m and 0.81x industry multiple (adjusted for size and gross margin).
uptime app limited Estimated Valuation
Pomanda estimates the enterprise value of UPTIME APP LIMITED at £0 based on an EBITDA of £-3m and a 5.73x industry multiple (adjusted for size and gross margin).
uptime app limited Estimated Valuation
Pomanda estimates the enterprise value of UPTIME APP LIMITED at £4.1m based on Net Assets of £1.8m and 2.23x industry multiple (adjusted for liquidity).
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Uptime App Limited Overview
Uptime App Limited is a live company located in london, SW11 3BZ with a Companies House number of 11587829. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2018, it's largest shareholder is james alexander true with a 37.8% stake. Uptime App Limited is a young, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.
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Uptime App Limited Health Check
Pomanda's financial health check has awarded Uptime App Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£4m)
- Uptime App Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (9.4%)
- Uptime App Limited
9.4% - Industry AVG
Production
with a gross margin of 71.2%, this company has a comparable cost of product (71.2%)
- Uptime App Limited
71.2% - Industry AVG
Profitability
an operating margin of -180.6% make it less profitable than the average company (3.9%)
- Uptime App Limited
3.9% - Industry AVG
Employees
with 31 employees, this is similar to the industry average (34)
31 - Uptime App Limited
34 - Industry AVG
Pay Structure
on an average salary of £69.2k, the company has an equivalent pay structure (£69.2k)
- Uptime App Limited
£69.2k - Industry AVG
Efficiency
resulting in sales per employee of £54.2k, this is less efficient (£117.8k)
- Uptime App Limited
£117.8k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (60 days)
- Uptime App Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (39 days)
- Uptime App Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Uptime App Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 266 weeks, this is more cash available to meet short term requirements (18 weeks)
266 weeks - Uptime App Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.8%, this is a lower level of debt than the average (61.4%)
14.8% - Uptime App Limited
61.4% - Industry AVG
UPTIME APP LIMITED financials
Uptime App Limited's latest turnover from December 2023 is estimated at £1.7 million and the company has net assets of £1.8 million. According to their latest financial statements, Uptime App Limited has 31 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| 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 | 31 | 41 | 35 | 29 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 17,561 | 17,261 | 35,757 | 70,731 | 91,982 |
| Intangible Assets | 30 | 396 | 762 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,591 | 17,657 | 36,519 | 70,731 | 91,982 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 74,698 | 33,868 | 53,276 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 429,526 | 810,743 | 708,972 | 737,437 | 479,814 |
| Cash | 1,640,805 | 4,469,606 | 3,052,633 | 5,092,359 | 4,745,743 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,145,029 | 5,314,217 | 3,814,881 | 5,829,796 | 5,225,557 |
| total assets | 2,162,620 | 5,331,874 | 3,851,400 | 5,900,527 | 5,317,539 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 52,058 | 235,757 | 28,545 | 304,459 | 17,176 |
| Group/Directors Accounts | 0 | 0 | 433 | 1,457 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 268,193 | 383,880 | 421,579 | 4,272,274 | 421,950 |
| total current liabilities | 320,251 | 619,637 | 450,557 | 4,578,190 | 439,126 |
| 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 | 320,251 | 619,637 | 450,557 | 4,578,190 | 439,126 |
| net assets | 1,842,369 | 4,712,237 | 3,400,843 | 1,322,337 | 4,878,413 |
| total shareholders funds | 1,842,369 | 4,712,237 | 3,400,843 | 1,322,337 | 4,878,413 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 9,060 | 29,166 | 52,780 | 52,422 | 20,019 |
| Amortisation | 366 | 366 | 336 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -340,387 | 82,363 | 24,811 | 257,623 | 479,814 |
| Creditors | -183,699 | 207,212 | -275,914 | 287,283 | 17,176 |
| Accruals and Deferred Income | -115,687 | -37,699 | -3,850,695 | 3,850,324 | 421,950 |
| 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 | 0 | -433 | -1,024 | 1,457 | 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 | -2,828,801 | 1,416,973 | -2,039,726 | 346,616 | 4,745,743 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,828,801 | 1,416,973 | -2,039,726 | 346,616 | 4,745,743 |
uptime app limited Credit Report and Business Information
Uptime App Limited Competitor Analysis
Perform a competitor analysis for uptime app limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
uptime app limited Ownership
UPTIME APP LIMITED group structure
Uptime App Limited has no subsidiary companies.
Ultimate parent company
UPTIME APP LIMITED
11587829
uptime app limited directors
Uptime App Limited currently has 9 directors. The longest serving directors include Mr Jack Bekhor (Jan 2019) and Mr Jonathan Claydon (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jack Bekhor | England | 54 years | Jan 2019 | - | Director |
| Mr Jonathan Claydon | 63 years | Nov 2019 | - | Director | |
| Mr Daryl Cohen | England | 46 years | Nov 2019 | - | Director |
| Mr Timothy Davie | United Kingdom | 57 years | Nov 2019 | - | Director |
| Mr Gnaneshwar Rao | United States | 47 years | Nov 2019 | - | Director |
| Mr Jamie True | England | 49 years | Nov 2019 | - | Director |
| Mr Patrick Walker | England | 56 years | Nov 2019 | - | Director |
| Huda Kattan | England | 40 years | May 2021 | - | Director |
| Ms Jill Denham | England | 63 years | May 2021 | - | Director |
P&L
December 2023turnover
1.7m
-15%
operating profit
-3m
0%
gross margin
71.2%
-0.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.8m
-0.61%
total assets
2.2m
-0.59%
cash
1.6m
-0.63%
net assets
Total assets minus all liabilities
Similar Companies
uptime app limited company details
company number
11587829
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
September 2018
age
6
accounts
Small Company
ultimate parent company
previous names
wingsy limited (December 2019)
incorporated
UK
address
1st floor, the glassmill, 1 battersea bridge road, london, SW11 3BZ
last accounts submitted
December 2023
uptime app 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 uptime app limited.
uptime app limited Companies House Filings - See Documents
| date | description | view/download |
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