Pomanda estimates the enterprise value of FUTURE CLOUD ACCOUNTING LIMITED at £136.4k based on a Turnover of £180.8k and 0.75x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FUTURE CLOUD ACCOUNTING LIMITED at £88.6k based on an EBITDA of £20.7k and a 4.28x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FUTURE CLOUD ACCOUNTING LIMITED at £173.7k based on Net Assets of £60k and 2.89x industry multiple (adjusted for liquidity).
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Future Cloud Accounting LimitedOverview
Future Cloud Accounting Limited is a live company located in newark, NG24 3JP with a Companies House number of 11792107. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2019, it's largest shareholder is
francesca natalia mcclory
with a 100% stake. Future Cloud Accounting Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£180.8k with
high
growth in recent years.
Pomanda's financial health check has awarded Future Cloud Accounting Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
3 Regular
1 Weak
Size
annual sales of £180.8k, make it larger than the average company (£130.7k)
£180.8k - Future Cloud Accounting Limited
£130.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (7.1%)
21% - Future Cloud Accounting Limited
7.1% - Industry AVG
Production
with a gross margin of 78.5%, this company has a comparable cost of product (78.5%)
78.5% - Future Cloud Accounting Limited
78.5% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (7.5%)
9.4% - Future Cloud Accounting Limited
7.5% - Industry AVG
Employees
with 8 employees, this is above the industry average (2)
8 - Future Cloud Accounting Limited
2 - Industry AVG
Pay Structure
on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)
£26.4k - Future Cloud Accounting Limited
£26.4k - Industry AVG
Efficiency
resulting in sales per employee of £22.6k, this is less efficient (£64.8k)
£22.6k - Future Cloud Accounting Limited
£64.8k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (73 days)
16 days - Future Cloud Accounting Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is slower than average (12 days)
27 days - Future Cloud Accounting Limited
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Future Cloud Accounting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 54 weeks, this is more cash available to meet short term requirements (37 weeks)
54 weeks - Future Cloud Accounting Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.9%, this is a similar level of debt than the average (62.9%)
67.9% - Future Cloud Accounting Limited
62.9% - Industry AVG
FUTURE CLOUD ACCOUNTING LIMITED financials
EXPORT
Future Cloud Accounting Limited's latest turnover from March 2024 is estimated at £180.8 thousand and the company has net assets of £60 thousand. According to their latest financial statements, Future Cloud Accounting Limited has 8 employees and maintains cash reserves of £130.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Turnover
180,768
174,005
144,337
102,722
61,189
Other Income Or Grants
Cost Of Sales
38,940
33,139
24,571
12,499
5,572
Gross Profit
141,828
140,867
119,765
90,223
55,617
Admin Expenses
124,901
148,285
98,112
97,320
16,478
Operating Profit
16,927
-7,418
21,653
-7,097
39,139
Interest Payable
Interest Receivable
7,321
6,258
931
76
25
Pre-Tax Profit
24,248
-1,160
22,584
-7,021
39,164
Tax
-6,062
-4,291
-7,441
Profit After Tax
18,186
-1,160
18,293
-7,021
31,723
Dividends Paid
Retained Profit
18,186
-1,160
18,293
-7,021
31,723
Employee Costs
210,856
219,628
185,422
126,589
61,435
Number Of Employees
8
9
8
6
3
EBITDA*
20,706
-4,259
24,069
-5,858
39,799
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Tangible Assets
6,911
5,298
5,827
2,918
2,330
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
6,911
5,298
5,827
2,918
2,330
Stock & work in progress
Trade Debtors
8,400
4,389
3,297
2,599
1,803
Group Debtors
Misc Debtors
40,843
4,200
10,582
8,119
2,007
Cash
130,624
148,281
146,200
101,997
49,846
misc current assets
total current assets
179,867
156,870
160,079
112,715
53,656
total assets
186,778
162,168
165,906
115,633
55,986
Bank overdraft
Bank loan
Trade Creditors
2,981
2,587
1,382
1,691
209
Group/Directors Accounts
30,998
14,387
other short term finances
hp & lease commitments
other current liabilities
122,046
116,420
120,420
57,724
9,261
total current liabilities
125,027
119,007
121,802
90,413
23,857
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,728
1,324
1,107
516
404
total long term liabilities
1,728
1,324
1,107
516
404
total liabilities
126,755
120,331
122,909
90,929
24,261
net assets
60,023
41,837
42,997
24,704
31,725
total shareholders funds
60,023
41,837
42,997
24,704
31,725
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Operating Activities
Operating Profit
16,927
-7,418
21,653
-7,097
39,139
Depreciation
3,779
3,159
2,416
1,239
660
Amortisation
Tax
-6,062
-4,291
-7,441
Stock
Debtors
40,654
-5,290
3,161
6,908
3,810
Creditors
394
1,205
-309
1,482
209
Accruals and Deferred Income
5,626
-4,000
62,696
48,463
9,261
Deferred Taxes & Provisions
404
217
591
112
404
Cash flow from operations
-19,586
-1,547
79,595
37,291
38,422
Investing Activities
capital expenditure
-5,392
-2,630
-5,325
-1,827
-2,990
Change in Investments
cash flow from investments
-5,392
-2,630
-5,325
-1,827
-2,990
Financing Activities
Bank loans
Group/Directors Accounts
-30,998
16,611
14,387
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
7,321
6,258
931
76
25
cash flow from financing
7,321
6,258
-30,067
16,687
14,414
cash and cash equivalents
cash
-17,657
2,081
44,203
52,151
49,846
overdraft
change in cash
-17,657
2,081
44,203
52,151
49,846
future cloud accounting 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 future cloud accounting limited. Get real-time insights into future cloud accounting limited's credit score, group structure and payment trends.
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future cloud accounting limited Ownership
FUTURE CLOUD ACCOUNTING LIMITED group structure
Future Cloud Accounting Limited has no subsidiary companies.
Ultimate parent company
FUTURE CLOUD ACCOUNTING LIMITED
11792107
FUTURE CLOUD ACCOUNTING LIMITED Shareholders
The sole shareholder of Future Cloud Accounting Limited is Francesca Natalia Mcclory.
francesca natalia mcclory
100%
future cloud accounting limited directors
Future Cloud Accounting Limited currently has 1 director, Mrs Francesca McClory serving since Jan 2019.
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 future cloud accounting limited.
future cloud accounting 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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future cloud accounting limitedCompanies House Filings - See Documents
