safecypher limited

safecypher limited Company Information

Share SAFECYPHER LIMITED
Live 
StartupMicro

Company Number

14233172

Industry

Other information technology and computer service activities

 

Shareholders

ben jordan

valebond consultants ltd

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Group Structure

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Contact

Registered Address

4 wharfe mews cliffe terrace, wetherby, west yorkshire, LS22 6LX

Website

-

safecypher limited Estimated Valuation

£193.1k

Pomanda estimates the enterprise value of SAFECYPHER LIMITED at £193.1k based on a Turnover of £276.3k and 0.7x industry multiple (adjusted for size and gross margin).

safecypher limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SAFECYPHER LIMITED at £0 based on an EBITDA of £-133.4k and a 4.68x industry multiple (adjusted for size and gross margin).

safecypher limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SAFECYPHER LIMITED at £0 based on Net Assets of £-368k and 2.21x industry multiple (adjusted for liquidity).

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Safecypher Limited Overview

Safecypher Limited is a live company located in west yorkshire, LS22 6LX with a Companies House number of 14233172. It operates in the other information technology service activities sector, SIC Code 62090. Founded in July 2022, it's largest shareholder is ben jordan with a 33.7% stake. Safecypher Limited is a startup, micro sized company, Pomanda has estimated its turnover at £276.3k with unknown growth in recent years.

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Safecypher Limited Health Check

Pomanda's financial health check has awarded Safecypher Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £276.3k, make it smaller than the average company (£7.1m)

£276.3k - Safecypher Limited

£7.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Safecypher Limited

- - Industry AVG

production

Production

with a gross margin of 49.1%, this company has a comparable cost of product (49.1%)

49.1% - Safecypher Limited

49.1% - Industry AVG

profitability

Profitability

an operating margin of -111.5% make it less profitable than the average company (3.9%)

-111.5% - Safecypher Limited

3.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (40)

3 - Safecypher Limited

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.7k, the company has an equivalent pay structure (£72.7k)

£72.7k - Safecypher Limited

£72.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £92.1k, this is less efficient (£175.8k)

£92.1k - Safecypher Limited

£175.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 18 days, this is earlier than average (51 days)

18 days - Safecypher Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 149 days, this is slower than average (35 days)

149 days - Safecypher Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Safecypher Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)

1 weeks - Safecypher Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 148.1%, this is a higher level of debt than the average (63.5%)

148.1% - Safecypher Limited

63.5% - Industry AVG

SAFECYPHER LIMITED financials

EXPORTms excel logo

Safecypher Limited's latest turnover from March 2024 is estimated at £276.3 thousand and the company has net assets of -£368 thousand. According to their latest financial statements, Safecypher Limited has 3 employees and maintains cash reserves of £25.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023
Turnover276,335474,947
Other Income Or Grants00
Cost Of Sales140,663240,048
Gross Profit135,672234,899
Admin Expenses443,877296,851
Operating Profit-308,205-61,952
Interest Payable00
Interest Receivable1,417601
Pre-Tax Profit-306,788-61,351
Tax00
Profit After Tax-306,788-61,351
Dividends Paid00
Retained Profit-306,788-61,351
Employee Costs217,980207,628
Number Of Employees33
EBITDA*-133,396-26,277

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023
Tangible Assets00
Intangible Assets542,450317,658
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets542,450317,658
Stock & work in progress00
Trade Debtors14,0000
Group Debtors00
Misc Debtors182,641137,550
Cash25,69128,279
misc current assets00
total current assets222,332165,829
total assets764,782483,487
Bank overdraft00
Bank loan00
Trade Creditors 57,59480,878
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities1,075,149463,786
total current liabilities1,132,743544,664
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities1,132,743544,664
net assets-367,961-61,177
total shareholders funds-367,961-61,177
Mar 2024Mar 2023
Operating Activities
Operating Profit-308,205-61,952
Depreciation00
Amortisation174,80935,675
Tax00
Stock00
Debtors59,091137,550
Creditors-23,28480,878
Accruals and Deferred Income611,363463,786
Deferred Taxes & Provisions00
Cash flow from operations395,592380,837
Investing Activities
capital expenditure-399,601-353,333
Change in Investments00
cash flow from investments-399,601-353,333
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue4174
interest1,417601
cash flow from financing1,421775
cash and cash equivalents
cash-2,58828,279
overdraft00
change in cash-2,58828,279

safecypher limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Safecypher Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for safecypher limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in LS22 area or any other competitors across 12 key performance metrics.

safecypher limited Ownership

SAFECYPHER LIMITED group structure

Safecypher Limited has no subsidiary companies.

Ultimate parent company

SAFECYPHER LIMITED

14233172

SAFECYPHER LIMITED Shareholders

ben jordan 33.71%
valebond consultants ltd 33.15%
joseph cyril edward bamford 10.11%
alex victoria bamford 9.55%
graham rawson lister 3.37%
witstock ltd 2.81%
david john smith 2.25%
james burns 1.69%
matilda alice bamford 1.69%
edward joseph cyril bamford 1.69%

safecypher limited directors

Safecypher Limited currently has 3 directors. The longest serving directors include Mr Benjamin Jordan (Jul 2022) and Mr James Burns (Aug 2022).

officercountryagestartendrole
Mr Benjamin JordanUnited Kingdom60 years Jul 2022- Director
Mr James BurnsEngland44 years Aug 2022- Director
Mr Joseph BamfordUnited Kingdom47 years Aug 2022- Director

P&L

March 2024

turnover

276.3k

-42%

operating profit

-308.2k

0%

gross margin

49.1%

-0.73%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-368k

+5.01%

total assets

764.8k

+0.58%

cash

25.7k

-0.09%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

safecypher limited company details

company number

14233172

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

July 2022

age

2

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

4 wharfe mews cliffe terrace, wetherby, west yorkshire, LS22 6LX

Bank

-

Legal Advisor

-

safecypher 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 safecypher limited.

safecypher 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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safecypher limited Companies House Filings - See Documents

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