Pomanda estimates the enterprise value of SECOND SPECTRUM UK LIMITED at £4.8m based on a Turnover of £4.8m and 1x industry multiple (adjusted for size and gross margin).
second spectrum uk limitedEstimated Valuation
£10m
Pomanda estimates the enterprise value of SECOND SPECTRUM UK LIMITED at £10m based on an EBITDA of £1.6m and a 6.09x industry multiple (adjusted for size and gross margin).
second spectrum uk limitedEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of SECOND SPECTRUM UK LIMITED at £1.5m based on Net Assets of £633.6k and 2.38x industry multiple (adjusted for liquidity).
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Second Spectrum Uk LimitedOverview
Second Spectrum Uk Limited is a live company located in london, W1D 3QR with a Companies House number of 11611829. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2018, it's largest shareholder is
genius sports ss llc
with a 100% stake. Second Spectrum Uk Limited is a young,
small sized company, Pomanda has estimated its turnover at
£4.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Second Spectrum Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
5 Regular
3 Weak
Size
annual sales of £4.8m, make it in line with the average company (£4.6m)
£4.8m - Second Spectrum Uk Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (10.2%)
48% - Second Spectrum Uk Limited
10.2% - Industry AVG
Production
with a gross margin of 77.9%, this company has a comparable cost of product (72%)
77.9% - Second Spectrum Uk Limited
72% - Industry AVG
Profitability
an operating margin of 14.7% make it more profitable than the average company (3.4%)
14.7% - Second Spectrum Uk Limited
3.4% - Industry AVG
Employees
with 16 employees, this is below the industry average (42)
16 - Second Spectrum Uk Limited
42 - Industry AVG
Pay Structure
on an average salary of £71.7k, the company has an equivalent pay structure (£71.7k)
£71.7k - Second Spectrum Uk Limited
£71.7k - Industry AVG
Efficiency
resulting in sales per employee of £297.8k, this is more efficient (£122.3k)
£297.8k - Second Spectrum Uk Limited
£122.3k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (58 days)
51 days - Second Spectrum Uk Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (41 days)
37 days - Second Spectrum Uk Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Second Spectrum Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Second Spectrum Uk Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.1%, this is a higher level of debt than the average (63.1%)
90.1% - Second Spectrum Uk Limited
63.1% - Industry AVG
SECOND SPECTRUM UK LIMITED financials
EXPORT
Second Spectrum Uk Limited's latest turnover from December 2023 is £4.8 million and the company has net assets of £633.6 thousand. According to their latest financial statements, Second Spectrum Uk Limited has 16 employees and maintains cash reserves of £105.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Turnover
4,764,453
3,615,691
3,774,441
1,478,289
258,460
Other Income Or Grants
Cost Of Sales
1,052,760
1,046,957
1,200,296
408,046
70,105
Gross Profit
3,711,693
2,568,734
2,574,145
1,070,243
188,354
Admin Expenses
3,009,227
2,147,871
1,943,668
1,383,290
817,164
Operating Profit
702,466
420,863
630,477
-313,047
-628,810
Interest Payable
112,905
150,155
Interest Receivable
26,186
1,076
28
1,995
5,603
Pre-Tax Profit
615,747
271,784
630,505
-311,052
-623,207
Tax
Profit After Tax
615,747
271,784
630,505
-311,052
-623,207
Dividends Paid
Retained Profit
615,747
271,784
630,505
-311,052
-623,207
Employee Costs
1,146,865
953,221
633,863
602,281
310,278
Number Of Employees
16
14
10
10
5
EBITDA*
1,636,000
1,206,815
1,157,089
103,372
-444,238
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
2,241,811
2,226,058
2,452,671
1,352,088
1,645,138
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,241,811
2,226,058
2,452,671
1,352,088
1,645,138
Stock & work in progress
Trade Debtors
671,402
685,571
450,485
344,085
5,654
Group Debtors
2,314,306
258,652
157,634
19,094
19,094
Misc Debtors
1,050,060
134,275
168,018
86,669
373,213
Cash
105,334
4,042,586
3,108,281
2,495,446
1,494,207
misc current assets
total current assets
4,141,102
5,121,084
3,884,418
2,945,294
1,892,168
total assets
6,382,913
7,347,142
6,337,089
4,297,382
3,537,306
Bank overdraft
Bank loan
Trade Creditors
108,900
260,572
317,391
189,442
150,985
Group/Directors Accounts
5,203,426
6,842,101
6,080,844
4,773,288
3,976,574
other short term finances
hp & lease commitments
other current liabilities
436,948
251,870
241,608
267,911
31,954
total current liabilities
5,749,274
7,354,543
6,639,843
5,230,641
4,159,513
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
5,749,274
7,354,543
6,639,843
5,230,641
4,159,513
net assets
633,639
-7,401
-302,754
-933,259
-622,207
total shareholders funds
633,639
-7,401
-302,754
-933,259
-622,207
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
702,466
420,863
630,477
-313,047
-628,810
Depreciation
933,534
785,952
526,612
416,419
184,572
Amortisation
Tax
Stock
Debtors
2,957,270
302,361
326,289
51,887
397,961
Creditors
-151,672
-56,819
127,949
38,457
150,985
Accruals and Deferred Income
185,078
10,262
-26,303
235,957
31,954
Deferred Taxes & Provisions
Cash flow from operations
-1,287,864
857,897
932,446
325,899
-659,260
Investing Activities
capital expenditure
-949,287
-559,339
-1,627,195
-123,369
-1,829,710
Change in Investments
cash flow from investments
-949,287
-559,339
-1,627,195
-123,369
-1,829,710
Financing Activities
Bank loans
Group/Directors Accounts
-1,638,675
761,257
1,307,556
796,714
3,976,574
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
25,293
23,569
1,000
interest
-86,719
-149,079
28
1,995
5,603
cash flow from financing
-1,700,101
635,747
1,307,584
798,709
3,983,177
cash and cash equivalents
cash
-3,937,252
934,305
612,835
1,001,239
1,494,207
overdraft
change in cash
-3,937,252
934,305
612,835
1,001,239
1,494,207
second spectrum uk limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for second spectrum uk limited. Get real-time insights into second spectrum uk limited's credit score, group structure and payment trends.
Perform a competitor analysis for second spectrum uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in W1D area or any other competitors across 12 key performance metrics.
second spectrum uk limited Ownership
SECOND SPECTRUM UK LIMITED group structure
Second Spectrum Uk Limited has no subsidiary companies.
Ultimate parent company
GENIUS SPORTS SS LLC
#0135109
1 parent
SECOND SPECTRUM UK LIMITED
11611829
SECOND SPECTRUM UK LIMITED Shareholders
The sole shareholder of Second Spectrum Uk Limited is Genius Sports Ss Llc.
genius sports ss llc
100%
second spectrum uk limited directors
Second Spectrum Uk Limited currently has 5 directors.
The longest serving directors include
Mr Steven Burton (Nov 2021) and
Mr Nicholas Taylor (Nov 2021).
62012 - Business and domestic software development
incorporation date
October 2018
age
7
incorporated
UK
ultimate parent company
GENIUS SPORTS SS LLC
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
1st floor 27 soho square, london, W1D 3QR
Bank
-
Legal Advisor
-
second spectrum uk 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 found 4 charges/mortgages relating to second spectrum uk limited. Currently there are 3 open charges and 1 have been satisfied in the past.
second spectrum uk 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.
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second spectrum uk limitedCompanies House Filings - See Documents
