live tech games ltd
live tech games ltd Company Information
Company Number
12534135
Next Accounts
443 days late
Shareholders
itv consumer ltd
sam furr
View AllGroup Structure
View All
Industry
Business and domestic software development
+1Registered Address
the lexicon mount street, quantuma advisory limited, manchester, M2 5NT
Website
livetechgames.comlive tech games ltd Estimated Valuation
Pomanda estimates the enterprise value of LIVE TECH GAMES LTD at £1.1m based on a Turnover of £1.6m and 0.68x industry multiple (adjusted for size and gross margin).
live tech games ltd Estimated Valuation
Pomanda estimates the enterprise value of LIVE TECH GAMES LTD at £0 based on an EBITDA of £-1m and a 3.99x industry multiple (adjusted for size and gross margin).
live tech games ltd Estimated Valuation
Pomanda estimates the enterprise value of LIVE TECH GAMES LTD at £6m based on Net Assets of £3m and 1.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Live Tech Games Ltd Overview
Live Tech Games Ltd is a live company located in manchester, M2 5NT with a Companies House number of 12534135. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2020, it's largest shareholder is itv consumer ltd with a 21.2% stake. Live Tech Games Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.6m with unknown growth in recent years.
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Live Tech Games Ltd Health Check
Pomanda's financial health check has awarded Live Tech Games Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£5.2m)
- Live Tech Games Ltd
£5.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Live Tech Games Ltd
- - Industry AVG
Production
with a gross margin of 53.5%, this company has a comparable cost of product (53.5%)
- Live Tech Games Ltd
53.5% - Industry AVG
Profitability
an operating margin of -63.5% make it less profitable than the average company (3.5%)
- Live Tech Games Ltd
3.5% - Industry AVG
Employees
with 10 employees, this is below the industry average (25)
10 - Live Tech Games Ltd
25 - Industry AVG
Pay Structure
on an average salary of £66k, the company has an equivalent pay structure (£66k)
- Live Tech Games Ltd
£66k - Industry AVG
Efficiency
resulting in sales per employee of £157.4k, this is less efficient (£186.9k)
- Live Tech Games Ltd
£186.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Live Tech Games Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (35 days)
- Live Tech Games Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Live Tech Games Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1063 weeks, this is more cash available to meet short term requirements (28 weeks)
1063 weeks - Live Tech Games Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (66.1%)
3.8% - Live Tech Games Ltd
66.1% - Industry AVG
LIVE TECH GAMES LTD financials
Live Tech Games Ltd's latest turnover from March 2022 is estimated at £1.6 million and the company has net assets of £3 million. According to their latest financial statements, Live Tech Games Ltd has 10 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | |
|---|---|---|
| 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 | 10 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | |
|---|---|---|
| Tangible Assets | 20,114 | |
| Intangible Assets | 211,681 | |
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 20,114 | 211,681 |
| Stock & work in progress | ||
| Trade Debtors | 36,000 | |
| Group Debtors | ||
| Misc Debtors | 680,366 | 60,336 |
| Cash | 2,435,604 | 517,995 |
| misc current assets | ||
| total current assets | 3,115,970 | 614,331 |
| total assets | 3,136,084 | 826,012 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 59,706 | 13,196 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | 13,710 | |
| other current liabilities | 45,712 | 57,819 |
| total current liabilities | 119,128 | 71,015 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 119,128 | 71,015 |
| net assets | 3,016,956 | 754,997 |
| total shareholders funds | 3,016,956 | 754,997 |
| Mar 2022 | Mar 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 3,286 | |
| Amortisation | -27,149 | 27,149 |
| Tax | ||
| Stock | ||
| Debtors | 584,030 | 96,336 |
| Creditors | 46,510 | 13,196 |
| Accruals and Deferred Income | -12,107 | 57,819 |
| 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 | ||
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | 13,710 | |
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 1,917,609 | 517,995 |
| overdraft | ||
| change in cash | 1,917,609 | 517,995 |
live tech games ltd Credit Report and Business Information
Live Tech Games Ltd Competitor Analysis
Perform a competitor analysis for live tech games ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 2 area or any other competitors across 12 key performance metrics.
live tech games ltd Ownership
LIVE TECH GAMES LTD group structure
Live Tech Games Ltd has no subsidiary companies.
Ultimate parent company
LIVE TECH GAMES LTD
12534135
live tech games ltd directors
Live Tech Games Ltd currently has 5 directors. The longest serving directors include Mr Rajpal Singh (Mar 2020) and Mr Nathan Moore (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rajpal Singh | 56 years | Mar 2020 | - | Director | |
| Mr Nathan Moore | 27 years | Mar 2020 | - | Director | |
| Mr Samuel Worsley | 29 years | Mar 2020 | - | Director | |
| Mr Peter Mossman | United Kingdom | 51 years | Jul 2021 | - | Director |
| Mr Matthew Cooper | England | 58 years | Jul 2021 | - | Director |
P&L
March 2022turnover
1.6m
+308%
operating profit
-999.3k
0%
gross margin
53.6%
-4.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
3m
+3%
total assets
3.1m
+2.8%
cash
2.4m
+3.7%
net assets
Total assets minus all liabilities
Similar Companies
live tech games ltd company details
company number
12534135
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
58210 - Publishing of computer games
incorporation date
March 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2022
previous names
N/A
accountant
COOPER PARRY GROUP LIMITED
auditor
-
address
the lexicon mount street, quantuma advisory limited, manchester, M2 5NT
Bank
-
Legal Advisor
-
live tech games 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 live tech games ltd.
live tech games ltd 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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live tech games ltd Companies House Filings - See Documents
| date | description | view/download |
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