Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
cannon place 78 cannon street, london, EC4N 6AF
Website
-
telit iot solutions ltdEstimated Valuation
£959.4m
Pomanda estimates the enterprise value of TELIT IOT SOLUTIONS LTD at £959.4m based on a Turnover of £399.5m and 2.4x industry multiple (adjusted for size and gross margin).
telit iot solutions ltdEstimated Valuation
£273.8m
Pomanda estimates the enterprise value of TELIT IOT SOLUTIONS LTD at £273.8m based on an EBITDA of £27.3m and a 10.04x industry multiple (adjusted for size and gross margin).
telit iot solutions ltdEstimated Valuation
£270.1m
Pomanda estimates the enterprise value of TELIT IOT SOLUTIONS LTD at £270.1m based on Net Assets of £207m and 1.31x industry multiple (adjusted for liquidity).
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Telit Iot Solutions LtdOverview
Telit Iot Solutions Ltd is a live company located in london, EC4N 6AF with a Companies House number of 13353451. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 2021, it's largest shareholder is
telit iot solution holding ltd
with a 100% stake. Telit Iot Solutions Ltd is a startup,
mega sized company, Pomanda has estimated its turnover at
£399.5m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Telit Iot Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £399.5m, make it larger than the average company (£18.9m)
£399.5m - Telit Iot Solutions Ltd
£18.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Telit Iot Solutions Ltd
- - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (36.3%)
35.1% - Telit Iot Solutions Ltd
36.3% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (4.5%)
-3.2% - Telit Iot Solutions Ltd
4.5% - Industry AVG
Employees
with 1157 employees, this is above the industry average (104)
1157 - Telit Iot Solutions Ltd
104 - Industry AVG
Pay Structure
on an average salary of £74.6k, the company has a higher pay structure (£44.7k)
£74.6k - Telit Iot Solutions Ltd
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £345.3k, this is more efficient (£191k)
£345.3k - Telit Iot Solutions Ltd
£191k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (45 days)
94 days - Telit Iot Solutions Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 230 days, this is slower than average (44 days)
230 days - Telit Iot Solutions Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is more than average (40 days)
65 days - Telit Iot Solutions Ltd
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - Telit Iot Solutions Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.9%, this is a similar level of debt than the average (69.6%)
69.9% - Telit Iot Solutions Ltd
69.6% - Industry AVG
TELIT IOT SOLUTIONS LTD financials
EXPORT
Telit Iot Solutions Ltd's latest turnover from December 2023 is £399.5 million and the company has net assets of £207 million. According to their latest financial statements, Telit Iot Solutions Ltd has 1,157 employees and maintains cash reserves of £37.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Turnover
399,469,054
357,437,166
122,952,403
Other Income Or Grants
Cost Of Sales
259,106,975
235,488,533
87,585,611
Gross Profit
140,362,080
121,948,633
35,366,792
Admin Expenses
153,103,205
102,920,986
46,346,999
Operating Profit
-12,741,125
19,027,647
-10,980,207
Interest Payable
29,454,131
12,063,305
8,393,025
Interest Receivable
997,486
33,946,748
32,987
Pre-Tax Profit
-41,197,769
40,911,090
-19,340,245
Tax
6,099,592
822,337
1,661,169
Profit After Tax
-35,098,178
41,733,428
-17,679,076
Dividends Paid
Retained Profit
-30,523,877
41,733,428
-17,679,076
Employee Costs
86,306,158
61,230,757
21,141,219
Number Of Employees
1,157
893
815
EBITDA*
27,280,082
42,775,683
-310,242
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Tangible Assets
120,719,447
56,872,447
49,796,576
Intangible Assets
404,297,832
288,021,521
287,944,549
Investments & Other
Debtors (Due After 1 year)
56,420,829
24,970,939
18,933,396
Total Fixed Assets
476,891,297
327,479,579
322,781,181
Stock & work in progress
46,362,708
28,151,900
13,872,918
Trade Debtors
103,568,960
88,015,237
95,446,120
Group Debtors
Misc Debtors
Cash
37,705,780
20,480,678
37,883,286
misc current assets
21,652,529
10,600,848
13,374,961
total current assets
211,134,150
148,742,538
161,399,623
total assets
688,025,447
476,222,117
484,180,804
Bank overdraft
Bank loan
Trade Creditors
163,645,932
120,211,279
147,393,183
Group/Directors Accounts
other short term finances
49,628,495
51,951,775
5,874,960
hp & lease commitments
3,393,810
1,998,900
2,020,892
other current liabilities
39,551,522
35,168,079
41,043,040
total current liabilities
256,219,761
209,330,035
196,332,077
loans
272,428,525
283,526,546
362,794,532
hp & lease commitments
6,306,157
4,991,360
1,698,083
Accruals and Deferred Income
other liabilities
provisions
177,183,473
62,444,232
66,520,576
total long term liabilities
224,806,000
172,985,391
214,657,555
total liabilities
481,025,761
382,315,426
410,989,632
net assets
206,999,686
93,906,692
73,191,172
total shareholders funds
206,999,686
93,906,692
73,191,172
Dec 2023
Dec 2022
Dec 2021
Operating Activities
Operating Profit
-12,741,125
19,027,647
-10,980,207
Depreciation
9,621,426
6,754,634
2,309,142
Amortisation
30,399,780
16,993,402
8,360,823
Tax
6,099,592
822,337
1,661,169
Stock
18,210,808
14,278,982
13,872,918
Debtors
47,003,613
-1,393,340
114,379,516
Creditors
43,434,653
-27,181,904
147,393,183
Accruals and Deferred Income
4,383,443
-5,874,961
41,043,040
Deferred Taxes & Provisions
114,739,241
-4,076,344
66,520,576
Cash flow from operations
130,722,589
-6,420,831
128,055,292
Investing Activities
capital expenditure
-220,144,518
-30,900,878
-348,411,090
Change in Investments
cash flow from investments
-220,144,518
-30,900,878
-348,411,090
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-2,323,280
46,076,815
5,874,960
Long term loans
-11,098,021
-79,267,986
362,794,532
Hire Purchase and Lease Commitments
2,709,707
3,271,285
3,718,975
other long term liabilities
share issue
143,616,871
-21,017,908
90,870,248
interest
-28,456,645
21,883,443
-8,360,038
cash flow from financing
104,448,632
-29,054,351
454,898,677
cash and cash equivalents
cash
17,225,102
-17,402,608
37,883,286
overdraft
change in cash
17,225,102
-17,402,608
37,883,286
telit iot solutions ltd 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 telit iot solutions ltd. Get real-time insights into telit iot solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for telit iot solutions ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC4N area or any other competitors across 12 key performance metrics.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
207m
+1.2%
total assets
688m
+0.44%
cash
37.7m
+0.84%
net assets
Total assets minus all liabilities
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telit iot solutions ltd company details
company number
13353451
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
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 telit iot solutions ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
telit iot solutions 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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telit iot solutions ltdCompanies House Filings - See Documents
