volt technologies holdings limited

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volt technologies holdings limited Company Information

Share VOLT TECHNOLOGIES HOLDINGS LIMITED

Company Number

12140559

Shareholders

thomas greenwood

mnl nominees limited

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Group Structure

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Industry

Data processing, hosting and related activities

 +1

Registered Address

42 berners street, london, W1T 3ND

Website

volt.io

volt technologies holdings limited Estimated Valuation

£24.4m

Pomanda estimates the enterprise value of VOLT TECHNOLOGIES HOLDINGS LIMITED at £24.4m based on a Turnover of £12.9m and 1.9x industry multiple (adjusted for size and gross margin).

volt technologies holdings limited Estimated Valuation

£0

Pomanda estimates the enterprise value of VOLT TECHNOLOGIES HOLDINGS LIMITED at £0 based on an EBITDA of £-11.4m and a 7.85x industry multiple (adjusted for size and gross margin).

volt technologies holdings limited Estimated Valuation

£72.3m

Pomanda estimates the enterprise value of VOLT TECHNOLOGIES HOLDINGS LIMITED at £72.3m based on Net Assets of £38.7m and 1.87x industry multiple (adjusted for liquidity).

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Volt Technologies Holdings Limited Overview

Volt Technologies Holdings Limited is a live company located in london, W1T 3ND with a Companies House number of 12140559. It operates in the data processing, hosting and related activities sector, SIC Code 63110. Founded in August 2019, it's largest shareholder is thomas greenwood with a 16.5% stake. Volt Technologies Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £12.9m with rapid growth in recent years.

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Volt Technologies Holdings Limited Health Check

Pomanda's financial health check has awarded Volt Technologies Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £12.9m, make it larger than the average company (£5.8m)

£12.9m - Volt Technologies Holdings Limited

£5.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 250%, show it is growing at a faster rate (5.4%)

250% - Volt Technologies Holdings Limited

5.4% - Industry AVG

production

Production

with a gross margin of 89.3%, this company has a lower cost of product (58.6%)

89.3% - Volt Technologies Holdings Limited

58.6% - Industry AVG

profitability

Profitability

an operating margin of -90.7% make it less profitable than the average company (6.6%)

-90.7% - Volt Technologies Holdings Limited

6.6% - Industry AVG

employees

Employees

with 202 employees, this is above the industry average (24)

202 - Volt Technologies Holdings Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.9k, the company has a lower pay structure (£80.9k)

£41.9k - Volt Technologies Holdings Limited

£80.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £63.7k, this is less efficient (£197.6k)

£63.7k - Volt Technologies Holdings Limited

£197.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (43 days)

70 days - Volt Technologies Holdings Limited

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 391 days, this is slower than average (42 days)

391 days - Volt Technologies Holdings Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Volt Technologies Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 478 weeks, this is more cash available to meet short term requirements (23 weeks)

478 weeks - Volt Technologies Holdings Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 10.7%, this is a lower level of debt than the average (64.5%)

10.7% - Volt Technologies Holdings Limited

64.5% - Industry AVG

VOLT TECHNOLOGIES HOLDINGS LIMITED financials

EXPORTms excel logo

Volt Technologies Holdings Limited's latest turnover from December 2023 is £12.9 million and the company has net assets of £38.7 million. According to their latest financial statements, Volt Technologies Holdings Limited has 202 employees and maintains cash reserves of £39.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Aug 2021Aug 2020
Turnover12,866,7624,795,665831,579300,576
Other Income Or Grants
Cost Of Sales1,376,6491,921,849335,703123,339
Gross Profit11,490,1132,873,816495,877177,237
Admin Expenses23,156,20318,378,9583,130,441790,636
Operating Profit-11,666,090-15,505,142-2,634,564-613,399
Interest Payable355,863522,515
Interest Receivable480,338314,8774,714203
Pre-Tax Profit-11,541,615-15,712,780-2,629,850-613,196
Tax199,703
Profit After Tax-11,341,912-15,712,780-2,629,850-613,196
Dividends Paid
Retained Profit-11,341,912-15,712,780-2,629,850-613,196
Employee Costs8,467,1031,422,049310,519126,929
Number Of Employees2021952
EBITDA*-11,408,713-15,423,103-2,620,692-609,545

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Aug 2021Aug 2020
Tangible Assets163,570103,69880,38916,204
Intangible Assets92,03619,20417,00019,000
Investments & Other923,633
Debtors (Due After 1 year)
Total Fixed Assets255,6061,046,53597,38935,204
Stock & work in progress
Trade Debtors2,468,302811,49368,912
Group Debtors567,518
Misc Debtors1,520,019419,385309,16632,530
Cash39,097,2758,970,2789,022,675406,044
misc current assets427,632
total current assets43,085,59610,768,6749,828,385438,574
total assets43,341,20211,815,2099,925,774473,778
Bank overdraft5,574
Bank loan
Trade Creditors 1,475,530417,320529,90751,208
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities2,777,360460,155413,61835,658
total current liabilities4,252,890883,049943,52586,866
loans10,994,745
hp & lease commitments
Accruals and Deferred Income
other liabilities364,588
provisions
total long term liabilities364,58810,994,745
total liabilities4,617,47811,877,794943,52586,866
net assets38,723,724-62,5858,982,249386,912
total shareholders funds38,723,724-62,5858,982,249386,912
Dec 2023Dec 2022Aug 2021Aug 2020
Operating Activities
Operating Profit-11,666,090-15,505,142-2,634,564-613,399
Depreciation250,85878,72911,8722,854
Amortisation6,5193,3102,0001,000
Tax199,703
Stock
Debtors2,189,9251,420,318345,54832,530
Creditors1,058,210-112,587478,69951,208
Accruals and Deferred Income2,317,20546,537377,96035,658
Deferred Taxes & Provisions
Cash flow from operations-10,023,520-16,909,471-2,109,581-555,209
Investing Activities
capital expenditure-107,552-76,057-39,058
Change in Investments-923,633923,633
cash flow from investments923,633-1,031,185-76,057-39,058
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-10,994,74510,994,745
Hire Purchase and Lease Commitments
other long term liabilities364,588
share issue50,128,2216,667,94611,225,1871,000,108
interest124,475-207,6384,714203
cash flow from financing39,622,53917,455,05311,229,9011,000,311
cash and cash equivalents
cash30,126,997-52,3978,616,631406,044
overdraft-5,5745,574
change in cash30,132,571-57,9718,616,631406,044

volt technologies holdings 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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Volt Technologies Holdings Limited Competitor Analysis

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Perform a competitor analysis for volt technologies holdings limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in W1T area or any other competitors across 12 key performance metrics.

volt technologies holdings limited Ownership

VOLT TECHNOLOGIES HOLDINGS LIMITED group structure

Volt Technologies Holdings Limited has no subsidiary companies.

Ultimate parent company

VOLT TECHNOLOGIES HOLDINGS LIMITED

12140559

VOLT TECHNOLOGIES HOLDINGS LIMITED Shareholders

thomas greenwood 16.48%
mnl nominees limited 15.24%
eqt ventures ii investments s.a.r.l. 13.85%
jl holding bv 11.58%
institutional venture partners xvii l.p. 10.46%
augmentum fintech plc 9.36%
commerzventures iii beteiligungs gmbh & co. kg 6.73%
steffen vollert 4.11%
uk ff nominees limited 2.07%
nordic bear scsp 1.74%

volt technologies holdings limited directors

Volt Technologies Holdings Limited currently has 6 directors. The longest serving directors include Mr Thomas Greenwood (Aug 2019) and Mr Steffen Vollert (Jan 2020).

officercountryagestartendrole
Mr Thomas GreenwoodUnited Kingdom49 years Aug 2019- Director
Mr Steffen VollertUnited Kingdom37 years Jan 2020- Director
Mr Robert KraalUnited Kingdom50 years Jun 2021- Director
Mr Gabriel Bernard De Montessus De BalloreUnited Kingdom45 years Jun 2021- Director
Mr Tomas GutfreundEngland42 years Nov 2021- Director
Mr Eric LiawUnited States47 years Jun 2023- Director

P&L

December 2023

turnover

12.9m

0%

operating profit

-11.7m

0%

gross margin

89.4%

0%

turnover

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

Balance Sheet

December 2023

net assets

38.7m

-619.74%

total assets

43.3m

+2.67%

cash

39.1m

+3.36%

net assets

Total assets minus all liabilities

volt technologies holdings limited company details

company number

12140559

Type

Private limited with Share Capital

industry

63110 - Data processing, hosting and related activities

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

August 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

volt technologies ltd (July 2022)

accountant

COOPER PARRY GROUP LIMITED

auditor

DELOITTE LLP

address

42 berners street, london, W1T 3ND

Bank

-

Legal Advisor

BIRD & BIRD LLP

volt technologies holdings 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 1 charges/mortgages relating to volt technologies holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.

volt technologies holdings 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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volt technologies holdings limited Companies House Filings - See Documents

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