softnut ltd Company Information
Company Number
11948394
Website
-Registered Address
60 mill mead road, business center, london, N17 9QU
Industry
Computer consultancy activities
Other information technology and computer service activities
Telephone
-
Next Accounts Due
October 2025
Group Structure
View All
Directors
Birol Goktepe5 Years
Shareholders
birol goktepe 76%
husniye dogan dag 24%
softnut ltd Estimated Valuation
Pomanda estimates the enterprise value of SOFTNUT LTD at £111.4k based on a Turnover of £155.5k and 0.72x industry multiple (adjusted for size and gross margin).
softnut ltd Estimated Valuation
Pomanda estimates the enterprise value of SOFTNUT LTD at £0 based on an EBITDA of £-7.3k and a 4.94x industry multiple (adjusted for size and gross margin).
softnut ltd Estimated Valuation
Pomanda estimates the enterprise value of SOFTNUT LTD at £132.2k based on Net Assets of £57.3k and 2.31x industry multiple (adjusted for liquidity).
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Softnut Ltd Overview
Softnut Ltd is a live company located in london, N17 9QU with a Companies House number of 11948394. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2019, it's largest shareholder is birol goktepe with a 76% stake. Softnut Ltd is a young, micro sized company, Pomanda has estimated its turnover at £155.5k with declining growth in recent years.
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Softnut Ltd Health Check
Pomanda's financial health check has awarded Softnut Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £155.5k, make it smaller than the average company (£3.7m)
- Softnut Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (9.4%)
- Softnut Ltd
9.4% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)
- Softnut Ltd
56.7% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (4.8%)
- Softnut Ltd
4.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (27)
2 - Softnut Ltd
27 - Industry AVG
Pay Structure
on an average salary of £64.4k, the company has an equivalent pay structure (£64.4k)
- Softnut Ltd
£64.4k - Industry AVG
Efficiency
resulting in sales per employee of £77.7k, this is less efficient (£136.8k)
- Softnut Ltd
£136.8k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (58 days)
- Softnut Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (33 days)
- Softnut Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Softnut Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (17 weeks)
74 weeks - Softnut Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.8%, this is a similar level of debt than the average (58.3%)
63.8% - Softnut Ltd
58.3% - Industry AVG
SOFTNUT LTD financials
Softnut Ltd's latest turnover from January 2024 is estimated at £155.5 thousand and the company has net assets of £57.3 thousand. According to their latest financial statements, Softnut Ltd has 2 employees and maintains cash reserves of £144.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 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 | 2 | 2 | 2 | 2 | 2 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 13,860 | 0 | 10,800 | 95,133 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 |
Cash | 144,554 | 149,109 | 247,180 | 0 | 32,071 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 158,414 | 149,109 | 257,980 | 95,133 | 32,071 |
total assets | 158,414 | 149,109 | 257,980 | 95,133 | 32,071 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 6,970 | 13,900 | 42,460 | 69,766 | 31,274 |
Group/Directors Accounts | 70,153 | 32,329 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 24,016 | 45,671 | 158,772 | 0 | 0 |
total current liabilities | 101,139 | 91,900 | 201,232 | 69,766 | 31,274 |
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 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 |
total liabilities | 101,139 | 91,900 | 201,232 | 69,766 | 31,274 |
net assets | 57,275 | 57,209 | 56,748 | 25,367 | 797 |
total shareholders funds | 57,275 | 57,209 | 56,748 | 25,367 | 797 |
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 |
Tax | |||||
Stock | 0 | 0 | 0 | 0 | 0 |
Debtors | 13,860 | -10,800 | -84,333 | 95,133 | 0 |
Creditors | -6,930 | -28,560 | -27,306 | 38,492 | 31,274 |
Accruals and Deferred Income | -21,655 | -113,101 | 158,772 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 37,824 | 32,329 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | -4,555 | -98,071 | 247,180 | -32,071 | 32,071 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | -4,555 | -98,071 | 247,180 | -32,071 | 32,071 |
softnut ltd Credit Report and Business Information
Softnut Ltd Competitor Analysis
Perform a competitor analysis for softnut ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N17 area or any other competitors across 12 key performance metrics.
softnut ltd Ownership
SOFTNUT LTD group structure
Softnut Ltd has no subsidiary companies.
Ultimate parent company
SOFTNUT LTD
11948394
softnut ltd directors
Softnut Ltd currently has 1 director, Mr Birol Goktepe serving since Apr 2019.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Birol Goktepe | United Kingdom | 42 years | Apr 2019 | - | Director |
P&L
January 2024turnover
155.5k
-31%
operating profit
-7.3k
0%
gross margin
56.7%
-2.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
57.3k
0%
total assets
158.4k
+0.06%
cash
144.6k
-0.03%
net assets
Total assets minus all liabilities
softnut ltd company details
company number
11948394
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62020 - Computer consultancy activities
62090 - Other information technology and computer service activities
incorporation date
April 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
SAFE ACCOUNTANCY LIMITED
auditor
-
address
60 mill mead road, business center, london, N17 9QU
Bank
-
Legal Advisor
-
softnut 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 softnut ltd.
softnut ltd Companies House Filings - See Documents
date | description | view/download |
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