Pomanda estimates the enterprise value of CHANGING DIGITAL LIMITED at £670.5k based on a Turnover of £1.2m and 0.56x industry multiple (adjusted for size and gross margin).
changing digital limitedEstimated Valuation
£519k
Pomanda estimates the enterprise value of CHANGING DIGITAL LIMITED at £519k based on an EBITDA of £173.9k and a 2.99x industry multiple (adjusted for size and gross margin).
changing digital limitedEstimated Valuation
£254.6k
Pomanda estimates the enterprise value of CHANGING DIGITAL LIMITED at £254.6k based on Net Assets of £131.6k and 1.94x industry multiple (adjusted for liquidity).
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Changing Digital LimitedOverview
Changing Digital Limited is a live company located in london, EC2A 4NE with a Companies House number of 11718643. It operates in the web portals sector, SIC Code 63120. Founded in December 2018, it's largest shareholder is
henry james walker
with a 50% stake. Changing Digital Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.2m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Changing Digital Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£3.7m)
£1.2m - Changing Digital Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 135%, show it is growing at a faster rate (9.9%)
135% - Changing Digital Limited
9.9% - Industry AVG
Production
with a gross margin of 31.2%, this company has a higher cost of product (55.1%)
31.2% - Changing Digital Limited
55.1% - Industry AVG
Profitability
an operating margin of 14.5% make it more profitable than the average company (2.5%)
14.5% - Changing Digital Limited
2.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
1 - Changing Digital Limited
25 - Industry AVG
Pay Structure
on an average salary of £59.6k, the company has an equivalent pay structure (£59.6k)
£59.6k - Changing Digital Limited
£59.6k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£160.7k)
£1.2m - Changing Digital Limited
£160.7k - Industry AVG
Debtor Days
it gets paid by customers after 151 days, this is later than average (32 days)
151 days - Changing Digital Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 120 days, this is slower than average (37 days)
120 days - Changing Digital Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Changing Digital Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Changing Digital Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.6%, this is a higher level of debt than the average (66.1%)
73.6% - Changing Digital Limited
66.1% - Industry AVG
CHANGING DIGITAL LIMITED financials
EXPORT
Changing Digital Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £131.6 thousand. According to their latest financial statements, Changing Digital Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Turnover
1,202,015
712,609
232,522
92,537
28,833
Other Income Or Grants
Cost Of Sales
826,790
500,195
151,329
54,859
18,490
Gross Profit
375,225
212,415
81,193
37,678
10,343
Admin Expenses
201,364
162,641
95,825
47,481
25,038
Operating Profit
173,861
49,774
-14,632
-9,803
-14,695
Interest Payable
Interest Receivable
Pre-Tax Profit
173,861
49,774
-14,632
-9,803
-14,695
Tax
-43,465
-9,457
Profit After Tax
130,396
40,317
-14,632
-9,803
-14,695
Dividends Paid
Retained Profit
130,396
40,317
-14,632
-9,803
-14,695
Employee Costs
59,640
50,544
51,831
52,050
49,274
Number Of Employees
1
1
1
1
1
EBITDA*
173,861
49,774
-14,632
-9,803
-14,695
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
1,312
1,891
2,893
1,472
1,249
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,312
1,891
2,893
1,472
1,249
Stock & work in progress
Trade Debtors
497,726
312,291
129,899
42,797
10,061
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
497,726
312,291
129,899
42,797
10,061
total assets
499,038
314,182
132,792
44,269
11,310
Bank overdraft
Bank loan
Trade Creditors
272,017
231,943
171,922
68,767
26,005
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
272,017
231,943
171,922
68,767
26,005
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
95,438
81,052
total long term liabilities
95,438
81,052
total liabilities
367,455
312,995
171,922
68,767
26,005
net assets
131,583
1,187
-39,130
-24,498
-14,695
total shareholders funds
131,583
1,187
-39,130
-24,498
-14,695
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
173,861
49,774
-14,632
-9,803
-14,695
Depreciation
Amortisation
Tax
-43,465
-9,457
Stock
Debtors
185,435
182,392
87,102
32,736
10,061
Creditors
40,074
60,021
103,155
42,762
26,005
Accruals and Deferred Income
Deferred Taxes & Provisions
14,386
81,052
Cash flow from operations
-579
-1,002
1,421
223
1,249
Investing Activities
capital expenditure
579
1,002
-1,421
-223
-1,249
Change in Investments
cash flow from investments
579
1,002
-1,421
-223
-1,249
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
changing digital 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 changing digital limited. Get real-time insights into changing digital limited's credit score, group structure and payment trends.
Perform a competitor analysis for changing digital limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
changing digital limited Ownership
CHANGING DIGITAL LIMITED group structure
Changing Digital Limited has no subsidiary companies.
Ultimate parent company
CHANGING DIGITAL LIMITED
11718643
CHANGING DIGITAL LIMITED Shareholders
The largest shareholders in Changing Digital Limited include Henry James Walker and Lucy Walker.
henry james walker
50%
lucy walker
50%
changing digital limited directors
Changing Digital Limited currently has 2 directors.
The longest serving directors include
Mr Henry Walker (Dec 2018) and
Mrs Lucy Walker (Oct 2020).
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 changing digital limited.
changing digital 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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changing digital limitedCompanies House Filings - See Documents
