first blue software solutions limited

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first blue software solutions limited Company Information

Share FIRST BLUE SOFTWARE SOLUTIONS LIMITED

Company Number

12117538

Shareholders

first blue group limited

Group Structure

View All

Industry

Business and domestic software development

 

Registered Address

seighford hall clanford road, seighford, ST18 9NL

Website

-

first blue software solutions limited Estimated Valuation

£38.2k

Pomanda estimates the enterprise value of FIRST BLUE SOFTWARE SOLUTIONS LIMITED at £38.2k based on a Turnover of £44.8k and 0.85x industry multiple (adjusted for size and gross margin).

first blue software solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIRST BLUE SOFTWARE SOLUTIONS LIMITED at £0 based on an EBITDA of £-22.8k and a 5.27x industry multiple (adjusted for size and gross margin).

first blue software solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIRST BLUE SOFTWARE SOLUTIONS LIMITED at £0 based on Net Assets of £-34.9k and 2.37x industry multiple (adjusted for liquidity).

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First Blue Software Solutions Limited Overview

First Blue Software Solutions Limited is a live company located in seighford, ST18 9NL with a Companies House number of 12117538. It operates in the business and domestic software development sector, SIC Code 62012. Founded in July 2019, it's largest shareholder is first blue group limited with a 100% stake. First Blue Software Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £44.8k with unknown growth in recent years.

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First Blue Software Solutions Limited Health Check

Pomanda's financial health check has awarded First Blue Software Solutions Limited a 1.5 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 Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £44.8k, make it smaller than the average company (£3.2m)

£44.8k - First Blue Software Solutions Limited

£3.2m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - First Blue Software Solutions Limited

- - Industry AVG

production

Production

with a gross margin of 72%, this company has a comparable cost of product (72%)

72% - First Blue Software Solutions Limited

72% - Industry AVG

profitability

Profitability

an operating margin of -50.9% make it less profitable than the average company (3.5%)

-50.9% - First Blue Software Solutions Limited

3.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (28)

1 - First Blue Software Solutions Limited

28 - Industry AVG

paystructure

Pay Structure

on an average salary of £65.5k, the company has an equivalent pay structure (£65.5k)

£65.5k - First Blue Software Solutions Limited

£65.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £44.8k, this is less efficient (£109.5k)

£44.8k - First Blue Software Solutions Limited

£109.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (64 days)

3 days - First Blue Software Solutions Limited

64 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 59 days, this is slower than average (47 days)

59 days - First Blue Software Solutions Limited

47 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - First Blue Software Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)

0 weeks - First Blue Software Solutions Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2918.5%, this is a higher level of debt than the average (61.5%)

2918.5% - First Blue Software Solutions Limited

61.5% - Industry AVG

FIRST BLUE SOFTWARE SOLUTIONS LIMITED financials

EXPORTms excel logo

First Blue Software Solutions Limited's latest turnover from March 2023 is estimated at £44.8 thousand and the company has net assets of -£34.9 thousand. According to their latest financial statements, First Blue Software Solutions Limited has 1 employee and maintains cash reserves of £260 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020
Turnover44,75740000
Other Income Or Grants0000
Cost Of Sales12,52210800
Gross Profit32,23529200
Admin Expenses55,03212,46600
Operating Profit-22,797-12,17400
Interest Payable0000
Interest Receivable6000
Pre-Tax Profit-22,791-12,17400
Tax0000
Profit After Tax-22,791-12,17400
Dividends Paid0000
Retained Profit-22,791-12,17400
Employee Costs65,54161,01200
Number Of Employees1100
EBITDA*-22,797-12,17400

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020
Tangible Assets0000
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets0000
Stock & work in progress0000
Trade Debtors380000
Group Debtors0000
Misc Debtors59710000
Cash2600100100
misc current assets0000
total current assets1,237100100100
total assets1,237100100100
Bank overdraft0000
Bank loan0000
Trade Creditors 2,03820100
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities34,06411,97300
total current liabilities36,10212,17400
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions0000
total long term liabilities0000
total liabilities36,10212,17400
net assets-34,865-12,074100100
total shareholders funds-34,865-12,074100100
Mar 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit-22,797-12,17400
Depreciation0000
Amortisation0000
Tax0000
Stock0000
Debtors87710000
Creditors1,83720100
Accruals and Deferred Income22,09111,97300
Deferred Taxes & Provisions0000
Cash flow from operations254-10000
Investing Activities
capital expenditure0000
Change in Investments0000
cash flow from investments0000
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue000100
interest6000
cash flow from financing600100
cash and cash equivalents
cash260-1000100
overdraft0000
change in cash260-1000100

first blue software solutions limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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First Blue Software Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for first blue software solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in ST18 area or any other competitors across 12 key performance metrics.

first blue software solutions limited Ownership

FIRST BLUE SOFTWARE SOLUTIONS LIMITED group structure

First Blue Software Solutions Limited has no subsidiary companies.

Ultimate parent company

1 parent

FIRST BLUE SOFTWARE SOLUTIONS LIMITED

12117538

FIRST BLUE SOFTWARE SOLUTIONS LIMITED Shareholders

first blue group limited 100%

first blue software solutions limited directors

First Blue Software Solutions Limited currently has 2 directors. The longest serving directors include Mr Christopher Smith (Jul 2019) and Mr Christopher Smith (Jul 2019).

officercountryagestartendrole
Mr Christopher SmithUnited Kingdom40 years Jul 2019- Director
Mr Christopher SmithEngland40 years Jul 2019- Director

P&L

March 2023

turnover

44.8k

+11099%

operating profit

-22.8k

0%

gross margin

72.1%

-1.34%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-34.9k

+1.89%

total assets

1.2k

+11.37%

cash

260

0%

net assets

Total assets minus all liabilities

first blue software solutions limited company details

company number

12117538

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

July 2019

age

6

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

seighford hall clanford road, seighford, ST18 9NL

Bank

-

Legal Advisor

-

first blue software solutions 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 first blue software solutions limited.

first blue software solutions 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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first blue software solutions limited Companies House Filings - See Documents

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