datafree technologies limited
datafree technologies limited Company Information
Company Number
12661721
Next Accounts
Sep 2025
Industry
Business and domestic software development
Other information technology and computer service activities
Shareholders
lempriere pringle 2015
edward wakefield
View AllGroup Structure
View All
Contact
Registered Address
college farm yard church lane, bramdean, alresford, hampshire, SO24 0JS
Website
datafr.eedatafree technologies limited Estimated Valuation
Pomanda estimates the enterprise value of DATAFREE TECHNOLOGIES LIMITED at £4.4m based on a Turnover of £7.3m and 0.61x industry multiple (adjusted for size and gross margin).
datafree technologies limited Estimated Valuation
Pomanda estimates the enterprise value of DATAFREE TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-1.6m and a 3.88x industry multiple (adjusted for size and gross margin).
datafree technologies limited Estimated Valuation
Pomanda estimates the enterprise value of DATAFREE TECHNOLOGIES LIMITED at £0 based on Net Assets of £-733.6k and 2.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Datafree Technologies Limited Overview
Datafree Technologies Limited is a live company located in alresford, SO24 0JS with a Companies House number of 12661721. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 2020, it's largest shareholder is lempriere pringle 2015 with a 32.4% stake. Datafree Technologies Limited is a startup, mid sized company, Pomanda has estimated its turnover at £7.3m with unknown growth in recent years.
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Datafree Technologies Limited Health Check
Pomanda's financial health check has awarded Datafree Technologies Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £7.3m, make it larger than the average company (£5.9m)
£7.3m - Datafree Technologies Limited
£5.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Datafree Technologies Limited
- - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (61.9%)
18.8% - Datafree Technologies Limited
61.9% - Industry AVG
Profitability
an operating margin of -21.5% make it less profitable than the average company (3.5%)
-21.5% - Datafree Technologies Limited
3.5% - Industry AVG
Employees
with 28 employees, this is below the industry average (41)
28 - Datafree Technologies Limited
41 - Industry AVG
Pay Structure
on an average salary of £48.8k, the company has a lower pay structure (£73.5k)
£48.8k - Datafree Technologies Limited
£73.5k - Industry AVG
Efficiency
resulting in sales per employee of £261.9k, this is more efficient (£150.4k)
£261.9k - Datafree Technologies Limited
£150.4k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (55 days)
39 days - Datafree Technologies Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 147 days, this is slower than average (36 days)
147 days - Datafree Technologies Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Datafree Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (16 weeks)
17 weeks - Datafree Technologies Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 128.3%, this is a higher level of debt than the average (63.4%)
128.3% - Datafree Technologies Limited
63.4% - Industry AVG
DATAFREE TECHNOLOGIES LIMITED financials
Datafree Technologies Limited's latest turnover from December 2023 is £7.3 million and the company has net assets of -£733.6 thousand. According to their latest financial statements, Datafree Technologies Limited has 28 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 | |
|---|---|---|---|---|
| Turnover | 7,331,901 | 6,147,279 | ||
| Other Income Or Grants | 0 | 0 | ||
| Cost Of Sales | 5,954,714 | 9,409,120 | ||
| Gross Profit | 1,377,187 | -3,261,841 | ||
| Admin Expenses | 2,952,994 | 3,644,706 | ||
| Operating Profit | -1,575,807 | -6,906,547 | ||
| Interest Payable | 0 | 0 | ||
| Interest Receivable | 0 | 0 | ||
| Pre-Tax Profit | -1,409,652 | -6,906,547 | ||
| Tax | -75,509 | 0 | ||
| Profit After Tax | -1,485,161 | -6,906,547 | ||
| Dividends Paid | 0 | 0 | ||
| Retained Profit | -1,485,161 | -6,906,547 | ||
| Employee Costs | 1,365,563 | 2,075,057 | ||
| Number Of Employees | 28 | 53 | 3 | 1 |
| EBITDA* | -1,559,810 | -6,906,547 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 | |
|---|---|---|---|---|
| Tangible Assets | 8,740 | 21,411 | 0 | 0 |
| Intangible Assets | 0 | 17,487 | 0 | 0 |
| Investments & Other | 0 | 0 | 1,000 | 1,000 |
| Debtors (Due After 1 year) | 0 | 0 | 12,377,097 | 7,415,861 |
| Total Fixed Assets | 8,740 | 38,898 | 12,378,097 | 7,416,861 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 793,015 | 1,314,137 | 7,465 | 7,231 |
| Group Debtors | 552,200 | 0 | 0 | 0 |
| Misc Debtors | 85,043 | 130,640 | 0 | 0 |
| Cash | 1,149,173 | 1,870,671 | 1,267,058 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 2,579,431 | 3,315,448 | 1,274,523 | 7,231 |
| total assets | 2,588,171 | 3,354,346 | 13,652,620 | 7,424,092 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,403,476 | 2,520,239 | 3,542 | 113 |
| Group/Directors Accounts | 532,904 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 385,346 | 383,438 | 15,185 | 27,041 |
| total current liabilities | 3,321,726 | 2,903,677 | 18,727 | 27,154 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 3,321,726 | 2,903,677 | 18,727 | 27,154 |
| net assets | -733,555 | 450,669 | 13,633,893 | 7,396,938 |
| total shareholders funds | -733,555 | 450,669 | 13,633,893 | 7,396,938 |
| Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -1,575,807 | -6,906,547 | ||
| Depreciation | 5,059 | 0 | 0 | 0 |
| Amortisation | 10,938 | 0 | 0 | 0 |
| Tax | -75,509 | 0 | ||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -14,519 | -10,939,785 | 12,384,562 | 7,423,092 |
| Creditors | -116,763 | 2,516,697 | 3,542 | 113 |
| Accruals and Deferred Income | 1,908 | 368,253 | 15,185 | 27,041 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,735,655 | 6,918,188 | ||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | -1,000 | 1,000 | 1,000 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 532,904 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | 0 | ||
| cash flow from financing | 833,841 | -6,276,677 | ||
| cash and cash equivalents | ||||
| cash | -721,498 | 603,613 | 1,267,058 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -721,498 | 603,613 | 1,267,058 | 0 |
datafree technologies limited Credit Report and Business Information
Datafree Technologies Limited Competitor Analysis
Perform a competitor analysis for datafree technologies limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in SO24 area or any other competitors across 12 key performance metrics.
datafree technologies limited Ownership
DATAFREE TECHNOLOGIES LIMITED group structure
Datafree Technologies Limited has no subsidiary companies.
Ultimate parent company
LEMPRIERE PRINGLE 2015
#0098206
1 parent
DATAFREE TECHNOLOGIES LIMITED
12661721
datafree technologies limited directors
Datafree Technologies Limited currently has 4 directors. The longest serving directors include Mr Edward Wakefield (Jun 2020) and Mr Edward Wakefield (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Wakefield | England | 51 years | Jun 2020 | - | Director |
| Mr Edward Wakefield | England | 51 years | Jun 2020 | - | Director |
| Mr John Lentell | United Kingdom | 64 years | Jun 2020 | - | Director |
| Dr Norman Fraser | England | 62 years | Feb 2021 | - | Director |
P&L
December 2023turnover
7.3m
+19%
operating profit
-1.6m
-77%
gross margin
18.8%
-135.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-733.6k
-2.63%
total assets
2.6m
-0.23%
cash
1.1m
-0.39%
net assets
Total assets minus all liabilities
Similar Companies
datafree technologies limited company details
company number
12661721
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62090 - Other information technology and computer service activities
incorporation date
June 2020
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
datafree limited (February 2024)
binu limited (December 2020)
accountant
-
auditor
BUZZACOTT LLP
address
college farm yard church lane, bramdean, alresford, hampshire, SO24 0JS
Bank
-
Legal Advisor
-
datafree technologies 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 datafree technologies limited.
datafree technologies 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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datafree technologies limited Companies House Filings - See Documents
| date | description | view/download |
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