remotioned technologies group limitedEstimated Valuation
£2.7m
Pomanda estimates the enterprise value of REMOTIONED TECHNOLOGIES GROUP LIMITED at £2.7m based on a Turnover of £4.7m and 0.57x industry multiple (adjusted for size and gross margin).
remotioned technologies group limitedEstimated Valuation
£14.1m
Pomanda estimates the enterprise value of REMOTIONED TECHNOLOGIES GROUP LIMITED at £14.1m based on an EBITDA of £3.5m and a 4.03x industry multiple (adjusted for size and gross margin).
remotioned technologies group limitedEstimated Valuation
£6m
Pomanda estimates the enterprise value of REMOTIONED TECHNOLOGIES GROUP LIMITED at £6m based on Net Assets of £2.6m and 2.29x industry multiple (adjusted for liquidity).
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Remotioned Technologies Group LimitedOverview
Remotioned Technologies Group Limited is a live company located in harrow, HA3 6RZ with a Companies House number of 12453650. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2020, it's largest shareholder is
mohamed hashim
with a 32.4% stake. Remotioned Technologies Group Limited is a young,
small sized company, Pomanda has estimated its turnover at
£4.7m with
unknown
growth in recent years.
Remotioned Technologies Group Limited Health Check
Pomanda's financial health check has awarded Remotioned Technologies Group Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
1 Regular
3 Weak
Size
annual sales of £4.7m, make it larger than the average company (£1.1m)
£4.7m - Remotioned Technologies Group Limited
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Remotioned Technologies Group Limited
- - Industry AVG
Production
with a gross margin of 26.4%, this company has a higher cost of product (49.1%)
26.4% - Remotioned Technologies Group Limited
49.1% - Industry AVG
Profitability
an operating margin of 75.3% make it more profitable than the average company (6.8%)
75.3% - Remotioned Technologies Group Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Remotioned Technologies Group Limited
12 - Industry AVG
Pay Structure
on an average salary of £56.7k, the company has an equivalent pay structure (£56.7k)
£56.7k - Remotioned Technologies Group Limited
£56.7k - Industry AVG
Efficiency
resulting in sales per employee of £2.3m, this is more efficient (£123.7k)
£2.3m - Remotioned Technologies Group Limited
£123.7k - Industry AVG
Debtor Days
it gets paid by customers after 231 days, this is later than average (66 days)
231 days - Remotioned Technologies Group Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (30 days)
34 days - Remotioned Technologies Group Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Remotioned Technologies Group Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Remotioned Technologies Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.9%, this is a lower level of debt than the average (58.4%)
10.9% - Remotioned Technologies Group Limited
58.4% - Industry AVG
REMOTIONED TECHNOLOGIES GROUP LIMITED financials
EXPORT
Remotioned Technologies Group Limited's latest turnover from May 2023 is estimated at £4.7 million and the company has net assets of £2.6 million. According to their latest financial statements, Remotioned Technologies Group Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2023
May 2022
May 2021
Turnover
4,655,831
95,729
141,133
Other Income Or Grants
Cost Of Sales
3,429,144
68,829
103,841
Gross Profit
1,226,687
26,900
37,292
Admin Expenses
-2,278,076
69,494
-28,560
Operating Profit
3,504,763
-42,594
65,852
Interest Payable
Interest Receivable
Pre-Tax Profit
3,504,763
-42,594
65,852
Tax
-876,191
-12,512
Profit After Tax
2,628,572
-42,594
53,340
Dividends Paid
Retained Profit
2,628,572
-42,594
53,340
Employee Costs
113,333
104,754
96,000
Number Of Employees
2
2
2
EBITDA*
3,504,763
-42,594
65,852
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023
May 2022
May 2021
Tangible Assets
2,848
116
233
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,848
116
233
Stock & work in progress
Trade Debtors
2,957,636
28,398
70,156
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
2,957,636
28,398
70,156
total assets
2,960,484
28,514
70,389
Bank overdraft
Bank loan
Trade Creditors
321,166
17,768
17,049
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
321,166
17,768
17,049
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
321,166
17,768
17,049
net assets
2,639,318
10,746
53,340
total shareholders funds
2,639,318
10,746
53,340
May 2023
May 2022
May 2021
Operating Activities
Operating Profit
3,504,763
-42,594
65,852
Depreciation
Amortisation
Tax
-876,191
-12,512
Stock
Debtors
2,929,238
-41,758
70,156
Creditors
303,398
719
17,049
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
2,732
-117
233
Investing Activities
capital expenditure
-2,732
117
-233
Change in Investments
cash flow from investments
-2,732
117
-233
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
remotioned technologies group limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for remotioned technologies group limited. Get real-time insights into remotioned technologies group limited's credit score, group structure and payment trends.
Remotioned Technologies Group Limited Competitor Analysis
Perform a competitor analysis for remotioned technologies group limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in HA3 area or any other competitors across 12 key performance metrics.
remotioned technologies group limited Ownership
REMOTIONED TECHNOLOGIES GROUP LIMITED group structure
Remotioned Technologies Group Limited has 3 subsidiary companies.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023
net assets
2.6m
+244.61%
total assets
3m
+102.83%
cash
0
0%
net assets
Total assets minus all liabilities
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remotioned technologies group limited company details
company number
12453650
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
February 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
24 brookshill avenue, harrow, HA3 6RZ
Bank
-
Legal Advisor
-
remotioned technologies group 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 remotioned technologies group limited.
remotioned technologies group 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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remotioned technologies group limitedCompanies House Filings - See Documents
