cred technologies limited
cred technologies limited Company Information
Company Number
11905210
Next Accounts
Dec 2025
Shareholders
quint holdings limited
michael ransom
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
glasshouse glasshouse, alderley park, nether alderley, cheshire, SK10 4ZE
Website
banktechsys.comcred technologies limited Estimated Valuation
Pomanda estimates the enterprise value of CRED TECHNOLOGIES LIMITED at £991.8k based on a Turnover of £750.1k and 1.32x industry multiple (adjusted for size and gross margin).
cred technologies limited Estimated Valuation
Pomanda estimates the enterprise value of CRED TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-50.1k and a 4.56x industry multiple (adjusted for size and gross margin).
cred technologies limited Estimated Valuation
Pomanda estimates the enterprise value of CRED TECHNOLOGIES LIMITED at £0 based on Net Assets of £-416.3k and 1.34x industry multiple (adjusted for liquidity).
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Cred Technologies Limited Overview
Cred Technologies Limited is a live company located in nether alderley, SK10 4ZE with a Companies House number of 11905210. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2019, it's largest shareholder is quint holdings limited with a 95% stake. Cred Technologies Limited is a young, small sized company, Pomanda has estimated its turnover at £750.1k with rapid growth in recent years.
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Cred Technologies Limited Health Check
Pomanda's financial health check has awarded Cred Technologies Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £750.1k, make it smaller than the average company (£5.2m)
- Cred Technologies Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 165%, show it is growing at a faster rate (6.6%)
- Cred Technologies Limited
6.6% - Industry AVG
Production
with a gross margin of 55.6%, this company has a comparable cost of product (55.6%)
- Cred Technologies Limited
55.6% - Industry AVG
Profitability
an operating margin of -28.5% make it less profitable than the average company (9.3%)
- Cred Technologies Limited
9.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (12)
4 - Cred Technologies Limited
12 - Industry AVG
Pay Structure
on an average salary of £80k, the company has an equivalent pay structure (£80k)
- Cred Technologies Limited
£80k - Industry AVG
Efficiency
resulting in sales per employee of £187.5k, this is equally as efficient (£217.9k)
- Cred Technologies Limited
£217.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Cred Technologies Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (41 days)
- Cred Technologies Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cred Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (29 weeks)
11 weeks - Cred Technologies Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 122.8%, this is a higher level of debt than the average (68.4%)
122.8% - Cred Technologies Limited
68.4% - Industry AVG
CRED TECHNOLOGIES LIMITED financials
Cred Technologies Limited's latest turnover from March 2024 is estimated at £750.1 thousand and the company has net assets of -£416.3 thousand. According to their latest financial statements, Cred Technologies Limited has 4 employees and maintains cash reserves of £303.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| 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 | 4 | 3 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 6,345 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1,226,298 | 979,587 | 678,650 | 292,832 | 46,224 |
| Investments & Other | 75,166 | 54,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,307,809 | 1,033,587 | 678,650 | 292,832 | 46,224 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 100,010 | 0 | 0 | 0 | 0 |
| Misc Debtors | 110,891 | 126,303 | 160,268 | 103,580 | 23,521 |
| Cash | 303,664 | 8,485 | 0 | 23,578 | 91 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 514,565 | 134,788 | 160,268 | 127,158 | 23,612 |
| total assets | 1,822,374 | 1,168,375 | 838,918 | 419,990 | 69,836 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 82,426 | 35,158 | 128,919 | 12,590 | 5,970 |
| Group/Directors Accounts | 1,222,030 | 1,283,906 | 765,714 | 307,300 | 123,647 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 44,224 | 60,299 | 76,544 | 165,200 | 0 |
| total current liabilities | 1,348,680 | 1,379,363 | 971,177 | 485,090 | 129,617 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 890,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 890,000 | 0 | 0 | 0 | 0 |
| total liabilities | 2,238,680 | 1,379,363 | 971,177 | 485,090 | 129,617 |
| net assets | -416,306 | -210,988 | -132,259 | -65,100 | -59,781 |
| total shareholders funds | -416,306 | -210,988 | -132,259 | -65,100 | -59,781 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 471 | 0 | 0 | 0 | 0 |
| Amortisation | 162,964 | 123,293 | 80,870 | 32,905 | 4,954 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 84,598 | -33,965 | 56,688 | 80,059 | 23,521 |
| Creditors | 47,268 | -93,761 | 116,329 | 6,620 | 5,970 |
| Accruals and Deferred Income | -16,075 | -16,245 | -88,656 | 165,200 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 21,166 | 54,000 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -61,876 | 518,192 | 458,414 | 183,653 | 123,647 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 890,000 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 295,179 | 8,485 | -23,578 | 23,487 | 91 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 295,179 | 8,485 | -23,578 | 23,487 | 91 |
cred technologies limited Credit Report and Business Information
Cred Technologies Limited Competitor Analysis
Perform a competitor analysis for cred technologies limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SK10 area or any other competitors across 12 key performance metrics.
cred technologies limited Ownership
CRED TECHNOLOGIES LIMITED group structure
Cred Technologies Limited has no subsidiary companies.
cred technologies limited directors
Cred Technologies Limited currently has 2 directors. The longest serving directors include Mr Gregory Cox (Apr 2020) and Mr James Hubbard (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gregory Cox | United Kingdom | 44 years | Apr 2020 | - | Director |
| Mr James Hubbard | England | 42 years | Jun 2021 | - | Director |
P&L
March 2024turnover
750.1k
+52%
operating profit
-213.5k
0%
gross margin
55.7%
-3.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-416.3k
+0.97%
total assets
1.8m
+0.56%
cash
303.7k
+34.79%
net assets
Total assets minus all liabilities
cred technologies limited company details
company number
11905210
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 2019
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
banq technologies limited (March 2023)
accountant
LOPIAN GROSS BARNETT & CO
auditor
-
address
glasshouse glasshouse, alderley park, nether alderley, cheshire, SK10 4ZE
Bank
-
Legal Advisor
-
cred technologies 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 did not find charges/mortgages relating to cred technologies limited.
cred technologies 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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cred technologies limited Companies House Filings - See Documents
| date | description | view/download |
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