Other information technology and computer service activities
Registered Address
27 dale road, darlington, DL3 8LX
Website
-
fileswap global ltdEstimated Valuation
£138.2k
Pomanda estimates the enterprise value of FILESWAP GLOBAL LTD at £138.2k based on a Turnover of £195k and 0.71x industry multiple (adjusted for size and gross margin).
fileswap global ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FILESWAP GLOBAL LTD at £0 based on an EBITDA of £-5 and a 4.82x industry multiple (adjusted for size and gross margin).
fileswap global ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FILESWAP GLOBAL LTD at £0 based on Net Assets of £-71.4k and 2.25x industry multiple (adjusted for liquidity).
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Fileswap Global LtdOverview
Fileswap Global Ltd is a live company located in darlington, DL3 8LX with a Companies House number of 11815389. It operates in the other information technology service activities sector, SIC Code 62090. Founded in February 2019, it's largest shareholder is
nigel coulter
with a 60% stake. Fileswap Global Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£195k with
low
growth in recent years.
Pomanda's financial health check has awarded Fileswap Global Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £195k, make it smaller than the average company (£7.3m)
£195k - Fileswap Global Ltd
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.8%)
4% - Fileswap Global Ltd
8.8% - Industry AVG
Production
with a gross margin of 49.8%, this company has a comparable cost of product (49.8%)
49.8% - Fileswap Global Ltd
49.8% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (3.9%)
0% - Fileswap Global Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
1 - Fileswap Global Ltd
42 - Industry AVG
Pay Structure
on an average salary of £73.6k, the company has an equivalent pay structure (£73.6k)
£73.6k - Fileswap Global Ltd
£73.6k - Industry AVG
Efficiency
resulting in sales per employee of £195k, this is equally as efficient (£177.1k)
£195k - Fileswap Global Ltd
£177.1k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (52 days)
33 days - Fileswap Global Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 303 days, this is slower than average (34 days)
303 days - Fileswap Global Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fileswap Global Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Fileswap Global Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 491.8%, this is a higher level of debt than the average (64.7%)
491.8% - Fileswap Global Ltd
64.7% - Industry AVG
FILESWAP GLOBAL LTD financials
EXPORT
Fileswap Global Ltd's latest turnover from February 2024 is estimated at £195 thousand and the company has net assets of -£71.4 thousand. According to their latest financial statements, Fileswap Global Ltd has 1 employee and maintains cash reserves of £114 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Turnover
195,009
184,048
179,360
174,337
224,912
Other Income Or Grants
Cost Of Sales
97,915
88,845
86,570
84,339
108,757
Gross Profit
97,094
95,203
92,789
89,999
116,155
Admin Expenses
97,100
95,328
94,825
90,892
184,590
Operating Profit
-6
-125
-2,036
-893
-68,435
Interest Payable
Interest Receivable
6
5
12
2
Pre-Tax Profit
-120
-2,024
-891
-68,435
Tax
Profit After Tax
-120
-2,024
-891
-68,435
Dividends Paid
Retained Profit
-120
-2,024
-891
-68,435
Employee Costs
73,566
69,355
66,243
62,430
59,786
Number Of Employees
1
1
1
1
1
EBITDA*
-6
-125
-2,036
-893
-68,435
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
18,000
18,000
18,000
18,000
Group Debtors
Misc Debtors
Cash
114
114
134
4,527
100
misc current assets
103
103
103
103
13,059
total current assets
18,217
18,217
18,237
22,630
13,159
total assets
18,217
18,217
18,237
22,630
13,159
Bank overdraft
Bank loan
Trade Creditors
81,494
81,494
81,494
81,494
81,494
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
8,093
8,093
7,993
10,362
total current liabilities
89,587
89,587
89,487
91,856
81,494
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
89,587
89,587
89,487
91,856
81,494
net assets
-71,370
-71,370
-71,250
-69,226
-68,335
total shareholders funds
-71,370
-71,370
-71,250
-69,226
-68,335
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Operating Activities
Operating Profit
-6
-125
-2,036
-893
-68,435
Depreciation
Amortisation
Tax
Stock
Debtors
18,000
Creditors
81,494
Accruals and Deferred Income
100
-2,369
10,362
Deferred Taxes & Provisions
Cash flow from operations
-6
-25
-4,405
-8,531
13,059
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
share issue
100
interest
6
5
12
2
cash flow from financing
6
5
12
2
100
cash and cash equivalents
cash
-20
-4,393
4,427
100
overdraft
change in cash
-20
-4,393
4,427
100
fileswap global ltd 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 fileswap global ltd. Get real-time insights into fileswap global ltd's credit score, group structure and payment trends.
Perform a competitor analysis for fileswap global ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in DL3 area or any other competitors across 12 key performance metrics.
fileswap global ltd Ownership
FILESWAP GLOBAL LTD group structure
Fileswap Global Ltd has no subsidiary companies.
Ultimate parent company
FILESWAP GLOBAL LTD
11815389
FILESWAP GLOBAL LTD Shareholders
The largest shareholders in Fileswap Global Ltd include Nigel Coulter and Kate Coulter.
nigel coulter
60%
kate coulter
10%
alan frame
10%
jeremy keohane
8%
anthony loan
7%
nigel jackson
5%
fileswap global ltd directors
Fileswap Global Ltd currently has 5 directors.
The longest serving directors include
Mr Nigel Coulter (Feb 2019) and
Mr Nigel Jackson (Nov 2019).
62090 - Other information technology and computer service activities
incorporation date
February 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
27 dale road, darlington, DL3 8LX
Bank
-
Legal Advisor
-
fileswap global 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 fileswap global ltd.
fileswap global 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.
Click to start generating capital raising & share issue transactions for FILESWAP GLOBAL LTD. This can take several minutes, an email will notify you when this has completed.
fileswap global ltdCompanies House Filings - See Documents
