futuristech solutions ltd
futuristech solutions ltd Company Information
Company Number
13844983
Website
-Registered Address
434 st. ann's road, london, N15 3JH
Industry
Business and domestic software development
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Eylem Alhaslioglu2 Years
Shareholders
eylem alhaslioglu 100%
futuristech solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURISTECH SOLUTIONS LTD at £9.7k based on a Turnover of £19.3k and 0.5x industry multiple (adjusted for size and gross margin).
futuristech solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURISTECH SOLUTIONS LTD at £0 based on an EBITDA of £-2.7k and a 3.59x industry multiple (adjusted for size and gross margin).
futuristech solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURISTECH SOLUTIONS LTD at £0 based on Net Assets of £-2.7k and 2.27x industry multiple (adjusted for liquidity).
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Futuristech Solutions Ltd Overview
Futuristech Solutions Ltd is a live company located in london, N15 3JH with a Companies House number of 13844983. It operates in the business and domestic software development sector, SIC Code 62012. Founded in January 2022, it's largest shareholder is eylem alhaslioglu with a 100% stake. Futuristech Solutions Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £19.3k with unknown growth in recent years.
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Futuristech Solutions Ltd Health Check
Pomanda's financial health check has awarded Futuristech Solutions Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £19.3k, make it smaller than the average company (£2.9m)
- Futuristech Solutions Ltd
£2.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Futuristech Solutions Ltd
- - Industry AVG
Production
with a gross margin of 28.1%, this company has a higher cost of product (50.4%)
- Futuristech Solutions Ltd
50.4% - Industry AVG
Profitability
an operating margin of -13.9% make it less profitable than the average company (5.3%)
- Futuristech Solutions Ltd
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
- Futuristech Solutions Ltd
26 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Futuristech Solutions Ltd
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £19.3k, this is less efficient (£111.9k)
- Futuristech Solutions Ltd
£111.9k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (53 days)
- Futuristech Solutions Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 167 days, this is slower than average (43 days)
- Futuristech Solutions Ltd
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Futuristech Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Futuristech Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 152%, this is a higher level of debt than the average (58.2%)
152% - Futuristech Solutions Ltd
58.2% - Industry AVG
FUTURISTECH SOLUTIONS LTD financials
Futuristech Solutions Ltd's latest turnover from January 2023 is estimated at £19.3 thousand and the company has net assets of -£2.7 thousand. According to their latest financial statements, we estimate that Futuristech Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 0 |
| Trade Debtors | 5,185 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 5,185 |
| total assets | 5,185 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 6,380 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 6,380 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 1,500 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 1,500 |
| total liabilities | 7,880 |
| net assets | -2,695 |
| total shareholders funds | -2,695 |
| Jan 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 5,185 |
| Creditors | 6,380 |
| Accruals and Deferred Income | 1,500 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
futuristech solutions ltd Credit Report and Business Information
Futuristech Solutions Ltd Competitor Analysis
Perform a competitor analysis for futuristech solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N15 area or any other competitors across 12 key performance metrics.
futuristech solutions ltd Ownership
FUTURISTECH SOLUTIONS LTD group structure
Futuristech Solutions Ltd has no subsidiary companies.
Ultimate parent company
FUTURISTECH SOLUTIONS LTD
13844983
futuristech solutions ltd directors
Futuristech Solutions Ltd currently has 1 director, Mr Eylem Alhaslioglu serving since Jan 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Eylem Alhaslioglu | United Kingdom | 50 years | Jan 2022 | - | Director |
P&L
January 2023turnover
19.3k
0%
operating profit
-2.7k
0%
gross margin
28.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-2.7k
0%
total assets
5.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
futuristech solutions ltd company details
company number
13844983
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
96090 - Other personal service activities n.e.c.
62090 - Other information technology and computer service activities
incorporation date
January 2022
age
2
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
434 st. ann's road, london, N15 3JH
accountant
TAX ASSURE ACCOUNTANTS LTD
auditor
-
futuristech solutions 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 futuristech solutions ltd.
futuristech solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
