finoptix ltd
finoptix ltd Company Information
Company Number
11594048
Next Accounts
472 days late
Shareholders
value based consulting limited
the jade trust
View AllGroup Structure
View All
Industry
Other software publishing
Registered Address
unit 2 spinnaker court, 1c becketts place, kingston upon thames, KT1 4EQ
Website
finoptix.co.ukfinoptix ltd Estimated Valuation
Pomanda estimates the enterprise value of FINOPTIX LTD at £300.7k based on a Turnover of £281.6k and 1.07x industry multiple (adjusted for size and gross margin).
finoptix ltd Estimated Valuation
Pomanda estimates the enterprise value of FINOPTIX LTD at £0 based on an EBITDA of £-551.9k and a 3.9x industry multiple (adjusted for size and gross margin).
finoptix ltd Estimated Valuation
Pomanda estimates the enterprise value of FINOPTIX LTD at £0 based on Net Assets of £-1.2m and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Finoptix Ltd Overview
Finoptix Ltd is a live company located in kingston upon thames, KT1 4EQ with a Companies House number of 11594048. It operates in the other software publishing sector, SIC Code 58290. Founded in September 2018, it's largest shareholder is value based consulting limited with a 60% stake. Finoptix Ltd is a young, micro sized company, Pomanda has estimated its turnover at £281.6k with unknown growth in recent years.
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Finoptix Ltd Health Check
Pomanda's financial health check has awarded Finoptix Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £281.6k, make it smaller than the average company (£4.9m)
- Finoptix Ltd
£4.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Finoptix Ltd
- - Industry AVG
Production
with a gross margin of 43.8%, this company has a higher cost of product (71.7%)
- Finoptix Ltd
71.7% - Industry AVG
Profitability
an operating margin of -409% make it less profitable than the average company (4.8%)
- Finoptix Ltd
4.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (33)
3 - Finoptix Ltd
33 - Industry AVG
Pay Structure
on an average salary of £72.7k, the company has an equivalent pay structure (£72.7k)
- Finoptix Ltd
£72.7k - Industry AVG
Efficiency
resulting in sales per employee of £93.9k, this is less efficient (£146.6k)
- Finoptix Ltd
£146.6k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (59 days)
- Finoptix Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 5272 days, this is slower than average (35 days)
- Finoptix Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Finoptix Ltd
- - Industry AVG
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 - Finoptix Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 198.2%, this is a higher level of debt than the average (59.9%)
198.2% - Finoptix Ltd
59.9% - Industry AVG
FINOPTIX LTD financials
Finoptix Ltd's latest turnover from March 2022 is estimated at £281.6 thousand and the company has net assets of -£1.2 million. According to their latest financial statements, Finoptix Ltd has 3 employees and maintains cash reserves of £487 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Sep 2020 | Sep 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 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Sep 2020 | Sep 2019 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | 1,166,667 | 1,766,667 | |
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 1,166,667 | 1,766,667 | |
| Stock & work in progress | |||
| Trade Debtors | 5,376 | ||
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 487 | 2,871 | |
| misc current assets | |||
| total current assets | 5,863 | 2,871 | |
| total assets | 1,172,530 | 1,769,538 | |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 2,287,306 | 2,208,977 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 2,287,306 | 2,208,977 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 37,127 | 47,500 | |
| provisions | |||
| total long term liabilities | 37,127 | 47,500 | |
| total liabilities | 2,324,433 | 2,256,477 | |
| net assets | -1,151,903 | -486,939 | |
| total shareholders funds | -1,151,903 | -486,939 |
| Mar 2022 | Sep 2020 | Sep 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | 600,000 | 233,333 | |
| Tax | |||
| Stock | |||
| Debtors | 5,376 | ||
| Creditors | 2,287,306 | 2,208,977 | |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 37,127 | 47,500 | |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 487 | 2,871 | |
| overdraft | |||
| change in cash | 487 | 2,871 |
finoptix ltd Credit Report and Business Information
Finoptix Ltd Competitor Analysis
Perform a competitor analysis for finoptix ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in KT1 area or any other competitors across 12 key performance metrics.
finoptix ltd Ownership
FINOPTIX LTD group structure
Finoptix Ltd has no subsidiary companies.
finoptix ltd directors
Finoptix Ltd currently has 2 directors. The longest serving directors include Mr Michael Melvill (Oct 2021) and Mr Michael Graham (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Melvill | United Kingdom | 65 years | Oct 2021 | - | Director |
| Mr Michael Graham | United Kingdom | 56 years | Oct 2021 | - | Director |
P&L
March 2022turnover
281.6k
0%
operating profit
-1.2m
0%
gross margin
43.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-1.2m
0%
total assets
1.2m
0%
cash
487
0%
net assets
Total assets minus all liabilities
Similar Companies
finoptix ltd company details
company number
11594048
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
-
address
unit 2 spinnaker court, 1c becketts place, kingston upon thames, KT1 4EQ
Bank
-
Legal Advisor
-
finoptix 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 finoptix ltd.
finoptix 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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finoptix ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
