zing dev limited
zing dev limited Company Information
Company Number
11961563
Next Accounts
Sep 2025
Shareholders
zing topco limited
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
1 minster court tuscam way, camberley, surrey, GU15 3YY
Website
-zing dev limited Estimated Valuation
Pomanda estimates the enterprise value of ZING DEV LIMITED at £1.4m based on a Turnover of £2m and 0.69x industry multiple (adjusted for size and gross margin).
zing dev limited Estimated Valuation
Pomanda estimates the enterprise value of ZING DEV LIMITED at £0 based on an EBITDA of £-202.4k and a 4.9x industry multiple (adjusted for size and gross margin).
zing dev limited Estimated Valuation
Pomanda estimates the enterprise value of ZING DEV LIMITED at £0 based on Net Assets of £-192k and 2.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Zing Dev Limited Overview
Zing Dev Limited is a live company located in surrey, GU15 3YY with a Companies House number of 11961563. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2019, it's largest shareholder is zing topco limited with a 100% stake. Zing Dev Limited is a young, small sized company, Pomanda has estimated its turnover at £2m with rapid growth in recent years.
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Zing Dev Limited Health Check
Pomanda's financial health check has awarded Zing Dev Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £2m, make it smaller than the average company (£3.2m)
- Zing Dev Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (8.5%)
- Zing Dev Limited
8.5% - Industry AVG
Production
with a gross margin of 45.4%, this company has a comparable cost of product (45.4%)
- Zing Dev Limited
45.4% - Industry AVG
Profitability
an operating margin of -11% make it less profitable than the average company (5.8%)
- Zing Dev Limited
5.8% - Industry AVG
Employees
with 24 employees, this is similar to the industry average (21)
24 - Zing Dev Limited
21 - Industry AVG
Pay Structure
on an average salary of £63.2k, the company has an equivalent pay structure (£63.2k)
- Zing Dev Limited
£63.2k - Industry AVG
Efficiency
resulting in sales per employee of £82.3k, this is less efficient (£138.7k)
- Zing Dev Limited
£138.7k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (61 days)
- Zing Dev Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (28 days)
- Zing Dev Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Zing Dev Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (16 weeks)
3 weeks - Zing Dev Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 146.2%, this is a higher level of debt than the average (58.8%)
146.2% - Zing Dev Limited
58.8% - Industry AVG
ZING DEV LIMITED financials
Zing Dev Limited's latest turnover from December 2023 is estimated at £2 million and the company has net assets of -£192 thousand. According to their latest financial statements, Zing Dev Limited has 24 employees and maintains cash reserves of £17.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| 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 | 24 | 22 | 12 | 7 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 13,158 | 15,914 | 13,001 | 4,810 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 13,158 | 15,914 | 13,001 | 4,810 | |
| Stock & work in progress | |||||
| Trade Debtors | 285,617 | 344,918 | 188,993 | 142,578 | |
| Group Debtors | |||||
| Misc Debtors | 98,757 | 36,218 | 10,429 | 7,711 | |
| Cash | 17,832 | 243,346 | 140,614 | 86,787 | 10 |
| misc current assets | |||||
| total current assets | 402,206 | 624,482 | 340,036 | 237,076 | 10 |
| total assets | 415,364 | 640,396 | 353,037 | 241,886 | 10 |
| Bank overdraft | 15,284 | ||||
| Bank loan | |||||
| Trade Creditors | 70,079 | 45,909 | 50,029 | 26,048 | |
| Group/Directors Accounts | 753,322 | 494,958 | |||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 151,992 | 163,736 | 188,398 | 97,641 | |
| total current liabilities | 237,355 | 209,645 | 991,749 | 618,647 | |
| loans | 369,980 | 369,980 | 19,980 | 19,980 | |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 369,980 | 369,980 | 19,980 | 19,980 | |
| total liabilities | 607,335 | 579,625 | 1,011,729 | 638,627 | |
| net assets | -191,971 | 60,771 | -658,692 | -396,741 | 10 |
| total shareholders funds | -191,971 | 60,771 | -658,692 | -396,741 | 10 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 14,678 | 12,865 | 7,182 | 9,452 | |
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 3,238 | 181,714 | 49,133 | 150,289 | |
| Creditors | 24,170 | -4,120 | 23,981 | 26,048 | |
| Accruals and Deferred Income | -11,744 | -24,662 | 90,757 | 97,641 | |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -753,322 | 258,364 | 494,958 | ||
| Other Short Term Loans | |||||
| Long term loans | 350,000 | 19,980 | |||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -225,514 | 102,732 | 53,827 | 86,777 | 10 |
| overdraft | 15,284 | ||||
| change in cash | -240,798 | 102,732 | 53,827 | 86,777 | 10 |
zing dev limited Credit Report and Business Information
Zing Dev Limited Competitor Analysis
Perform a competitor analysis for zing dev limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in GU15 area or any other competitors across 12 key performance metrics.
zing dev limited Ownership
ZING DEV LIMITED group structure
Zing Dev Limited has no subsidiary companies.
Ultimate parent company
ASYST TOPCO LTD
#0153294
2 parents
ZING DEV LIMITED
11961563
zing dev limited directors
Zing Dev Limited currently has 3 directors. The longest serving directors include Mr Andrew Ardron (Apr 2019) and Mr Tom Purkis (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Ardron | England | 50 years | Apr 2019 | - | Director |
| Mr Tom Purkis | Scotland | 42 years | Apr 2020 | - | Director |
| Mr Julian Hucker | United Kingdom | 58 years | Apr 2020 | - | Director |
P&L
December 2023turnover
2m
+1%
operating profit
-217.1k
0%
gross margin
45.5%
-1.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-192k
-4.16%
total assets
415.4k
-0.35%
cash
17.8k
-0.93%
net assets
Total assets minus all liabilities
Similar Companies
zing dev limited company details
company number
11961563
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
April 2019
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
zing developers limited (December 2019)
accountant
BUTT MILLER
auditor
-
address
1 minster court tuscam way, camberley, surrey, GU15 3YY
Bank
-
Legal Advisor
-
zing dev 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 found 5 charges/mortgages relating to zing dev limited. Currently there are 2 open charges and 3 have been satisfied in the past.
zing dev 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.
Click to start generating capital raising & share issue transactions for ZING DEV LIMITED. This can take several minutes, an email will notify you when this has completed.
zing dev limited Companies House Filings - See Documents
| date | description | view/download |
|---|
