checkout technology ltd
checkout technology ltd Company Information
Company Number
12785792
Next Accounts
Sep 2025
Shareholders
checkout payments group limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
wenlock works shepherdess walk, london, N1 7BQ
Website
-checkout technology ltd Estimated Valuation
Pomanda estimates the enterprise value of CHECKOUT TECHNOLOGY LTD at £89.3m based on a Turnover of £54.4m and 1.64x industry multiple (adjusted for size and gross margin).
checkout technology ltd Estimated Valuation
Pomanda estimates the enterprise value of CHECKOUT TECHNOLOGY LTD at £0 based on an EBITDA of £-216.5m and a 11.17x industry multiple (adjusted for size and gross margin).
checkout technology ltd Estimated Valuation
Pomanda estimates the enterprise value of CHECKOUT TECHNOLOGY LTD at £307.8m based on Net Assets of £136.8m and 2.25x industry multiple (adjusted for liquidity).
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Checkout Technology Ltd Overview
Checkout Technology Ltd is a live company located in london, N1 7BQ with a Companies House number of 12785792. It operates in the other information technology service activities sector, SIC Code 62090. Founded in August 2020, it's largest shareholder is checkout payments group limited with a 100% stake. Checkout Technology Ltd is a young, large sized company, Pomanda has estimated its turnover at £54.4m with unknown growth in recent years.
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Checkout Technology Ltd Health Check
Pomanda's financial health check has awarded Checkout Technology Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £54.4m, make it larger than the average company (£7.3m)
£54.4m - Checkout Technology Ltd
£7.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Checkout Technology Ltd
- - Industry AVG
Production
with a gross margin of 51.5%, this company has a comparable cost of product (51.5%)
51.5% - Checkout Technology Ltd
51.5% - Industry AVG
Profitability
an operating margin of -434% make it less profitable than the average company (3.5%)
-434% - Checkout Technology Ltd
3.5% - Industry AVG
Employees
with 873 employees, this is above the industry average (43)
873 - Checkout Technology Ltd
43 - Industry AVG
Pay Structure
on an average salary of £102.5k, the company has a higher pay structure (£74.2k)
£102.5k - Checkout Technology Ltd
£74.2k - Industry AVG
Efficiency
resulting in sales per employee of £62.3k, this is less efficient (£178.1k)
£62.3k - Checkout Technology Ltd
£178.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Checkout Technology Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 120 days, this is slower than average (33 days)
120 days - Checkout Technology Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Checkout Technology Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (14 weeks)
10 weeks - Checkout Technology Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.8%, this is a similar level of debt than the average (64.7%)
63.8% - Checkout Technology Ltd
64.7% - Industry AVG
CHECKOUT TECHNOLOGY LTD financials
Checkout Technology Ltd's latest turnover from December 2023 is £54.4 million and the company has net assets of £136.8 million. According to their latest financial statements, Checkout Technology Ltd has 873 employees and maintains cash reserves of £47 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 54,384,198 | 26,018,125 | 39,067,761 |
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | -236,004,564 | -29,978,723 | 4,295,745 |
| Interest Payable | 975,840 | 211,978 | 56,679 |
| Interest Receivable | 412,371 | ||
| Pre-Tax Profit | -236,568,033 | -30,190,701 | 4,239,066 |
| Tax | 894,782 | -304,177 | -22,841 |
| Profit After Tax | -235,673,251 | -30,494,878 | 4,216,225 |
| Dividends Paid | |||
| Retained Profit | -235,673,251 | -30,494,878 | 4,216,225 |
| Employee Costs | 89,478,240 | 34,900,709 | 33,690,889 |
| Number Of Employees | 873 | 210 | 67 |
| EBITDA* | -216,480,680 | -28,848,700 | 5,376,025 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 8,331,628 | 539,007 | 1,091,278 |
| Intangible Assets | 51,265,444 | 10,812,451 | 8,902,800 |
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 59,597,072 | 11,351,457 | 9,994,078 |
| Stock & work in progress | |||
| Trade Debtors | 485,577 | ||
| Group Debtors | 253,670,417 | 53,950,354 | 37,125,454 |
| Misc Debtors | 16,484,614 | 74,862 | 69,368 |
| Cash | 46,996,930 | 1,066,981 | 465,273 |
| misc current assets | 1,223,735 | ||
| total current assets | 318,569,293 | 55,092,199 | 38,145,673 |
| total assets | 378,166,365 | 66,443,656 | 48,139,751 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 8,702,290 | 52,009 | |
| Group/Directors Accounts | 12,965,295 | 1 | |
| other short term finances | |||
| hp & lease commitments | 343,117 | 276,595 | 274,088 |
| other current liabilities | 219,295,661 | 33,606,775 | 6,858,978 |
| total current liabilities | 241,306,367 | 33,935,382 | 7,133,068 |
| loans | 242,710 | 893,324 | |
| hp & lease commitments | 121,355 | 446,662 | |
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 147,948 | 2,764,570 | |
| total long term liabilities | 73,974 | 121,355 | 1,828,948 |
| total liabilities | 241,380,341 | 34,056,737 | 8,962,016 |
| net assets | 136,786,024 | 32,386,918 | 39,177,735 |
| total shareholders funds | 136,786,023 | 32,386,919 | 39,177,735 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -236,004,564 | -29,978,723 | 4,295,745 |
| Depreciation | 3,571,260 | 338,061 | 140,428 |
| Amortisation | 15,952,624 | 791,962 | 939,852 |
| Tax | 894,782 | -304,177 | -22,841 |
| Stock | |||
| Debtors | 216,129,816 | 16,344,817 | 37,680,399 |
| Creditors | 8,650,281 | 52,009 | |
| Accruals and Deferred Income | 185,688,886 | 26,747,797 | 6,858,978 |
| Deferred Taxes & Provisions | 147,948 | -2,764,570 | 2,764,570 |
| Cash flow from operations | -237,228,599 | -21,462,458 | -22,703,667 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 12,965,295 | -1 | 1 |
| Other Short Term Loans | |||
| Long term loans | -242,710 | -650,614 | 893,324 |
| Hire Purchase and Lease Commitments | -54,833 | -322,800 | 720,750 |
| other long term liabilities | |||
| share issue | |||
| interest | -563,469 | -211,978 | -56,679 |
| cash flow from financing | 352,176,639 | 22,518,669 | 36,518,906 |
| cash and cash equivalents | |||
| cash | 45,929,949 | 601,708 | 465,273 |
| overdraft | |||
| change in cash | 45,929,949 | 601,708 | 465,273 |
checkout technology ltd Credit Report and Business Information
Checkout Technology Ltd Competitor Analysis
Perform a competitor analysis for checkout technology ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in N 1 area or any other competitors across 12 key performance metrics.
checkout technology ltd Ownership
CHECKOUT TECHNOLOGY LTD group structure
Checkout Technology Ltd has no subsidiary companies.
Ultimate parent company
CHECKOUT PAYMENTS GROUP LTD
#0114829
1 parent
CHECKOUT TECHNOLOGY LTD
12785792
checkout technology ltd directors
Checkout Technology Ltd currently has 4 directors. The longest serving directors include Mr Guillaume Pousaz (Aug 2020) and Mr Shaun Puckrin (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Guillaume Pousaz | United Kingdom | 43 years | Aug 2020 | - | Director |
| Mr Shaun Puckrin | United Kingdom | 47 years | Mar 2023 | - | Director |
| Mr Joao Marinho | United Kingdom | 37 years | Dec 2023 | - | Director |
| Ms Elizabeth Bauza | 60 years | Aug 2024 | - | Director |
P&L
December 2023turnover
54.4m
+109%
operating profit
-236m
+687%
gross margin
51.5%
-1.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
136.8m
+3.22%
total assets
378.2m
+4.69%
cash
47m
+43.05%
net assets
Total assets minus all liabilities
Similar Companies
checkout technology ltd company details
company number
12785792
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
checkout technology limited (August 2020)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
wenlock works shepherdess walk, london, N1 7BQ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
checkout technology 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 checkout technology ltd.
checkout technology 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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checkout technology ltd Companies House Filings - See Documents
| date | description | view/download |
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