flexenable technology limited
flexenable technology limited Company Information
Company Number
14348658
Website
-Registered Address
34 cambridge science park, milton road, cambridge, CB4 0FX
Industry
Other research and experimental development on natural sciences and engineering
Manufacture of other chemical products n.e.c.
Telephone
01223706000
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
cfkc flextech llc 74%
intertrust employee benefit trustee limited 14%
View Allflexenable technology limited Estimated Valuation
Pomanda estimates the enterprise value of FLEXENABLE TECHNOLOGY LIMITED at £2m based on a Turnover of £2m and 1x industry multiple (adjusted for size and gross margin).
flexenable technology limited Estimated Valuation
Pomanda estimates the enterprise value of FLEXENABLE TECHNOLOGY LIMITED at £0 based on an EBITDA of £-11.6m and a 5.55x industry multiple (adjusted for size and gross margin).
flexenable technology limited Estimated Valuation
Pomanda estimates the enterprise value of FLEXENABLE TECHNOLOGY LIMITED at £0 based on Net Assets of £-13.3m and 0.7x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Flexenable Technology Limited Overview
Flexenable Technology Limited is a live company located in cambridge, CB4 0FX with a Companies House number of 14348658. It operates in the manufacture of other chemical products n.e.c. sector, SIC Code 20590. Founded in September 2022, it's largest shareholder is cfkc flextech llc with a 74% stake. Flexenable Technology Limited is a startup, small sized company, Pomanda has estimated its turnover at £2m with unknown growth in recent years.
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Flexenable Technology Limited Health Check
Pomanda's financial health check has awarded Flexenable Technology Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £2m, make it smaller than the average company (£15.7m)
£2m - Flexenable Technology Limited
£15.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Flexenable Technology Limited
- - Industry AVG
Production
with a gross margin of 45.8%, this company has a lower cost of product (35.1%)
45.8% - Flexenable Technology Limited
35.1% - Industry AVG
Profitability
an operating margin of -642.1% make it less profitable than the average company (5.5%)
-642.1% - Flexenable Technology Limited
5.5% - Industry AVG
Employees
with 59 employees, this is similar to the industry average (64)
59 - Flexenable Technology Limited
64 - Industry AVG
Pay Structure
on an average salary of £131.6k, the company has a higher pay structure (£53.9k)
£131.6k - Flexenable Technology Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £34.7k, this is less efficient (£215.4k)
£34.7k - Flexenable Technology Limited
£215.4k - Industry AVG
Debtor Days
it gets paid by customers after 135 days, this is later than average (52 days)
135 days - Flexenable Technology Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 311 days, this is slower than average (42 days)
311 days - Flexenable Technology Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is less than average (96 days)
66 days - Flexenable Technology Limited
96 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (23 weeks)
5 weeks - Flexenable Technology Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 218.7%, this is a higher level of debt than the average (40.6%)
218.7% - Flexenable Technology Limited
40.6% - Industry AVG
FLEXENABLE TECHNOLOGY LIMITED financials
Flexenable Technology Limited's latest turnover from December 2023 is £2 million and the company has net assets of -£13.3 million. According to their latest financial statements, Flexenable Technology Limited has 59 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| Turnover | 2,049,000 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 1,111,000 |
| Gross Profit | 938,000 |
| Admin Expenses | 14,095,000 |
| Operating Profit | -13,157,000 |
| Interest Payable | 174,000 |
| Interest Receivable | 43,000 |
| Pre-Tax Profit | -13,288,000 |
| Tax | 0 |
| Profit After Tax | -13,288,000 |
| Dividends Paid | 0 |
| Retained Profit | -13,288,000 |
| Employee Costs | 7,763,000 |
| Number Of Employees | 59 |
| EBITDA* | -11,620,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 1,404,000 |
| Intangible Assets | 5,791,000 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 7,195,000 |
| Stock & work in progress | 203,000 |
| Trade Debtors | 762,000 |
| Group Debtors | 0 |
| Misc Debtors | 623,000 |
| Cash | 2,416,000 |
| misc current assets | 0 |
| total current assets | 4,004,000 |
| total assets | 11,199,000 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 947,000 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 143,000 |
| other current liabilities | 22,904,000 |
| total current liabilities | 23,994,000 |
| loans | 986,000 |
| hp & lease commitments | 493,000 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 493,000 |
| total liabilities | 24,487,000 |
| net assets | -13,288,000 |
| total shareholders funds | -13,288,000 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | -13,157,000 |
| Depreciation | 368,000 |
| Amortisation | 1,169,000 |
| Tax | 0 |
| Stock | 203,000 |
| Debtors | 1,385,000 |
| Creditors | 947,000 |
| Accruals and Deferred Income | 22,904,000 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | 10,643,000 |
| 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 | 986,000 |
| Hire Purchase and Lease Commitments | 636,000 |
| other long term liabilities | 0 |
| share issue | |
| interest | -131,000 |
| cash flow from financing | 1,491,000 |
| cash and cash equivalents | |
| cash | 2,416,000 |
| overdraft | 0 |
| change in cash | 2,416,000 |
flexenable technology limited Credit Report and Business Information
Flexenable Technology Limited Competitor Analysis
Perform a competitor analysis for flexenable technology limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in CB4 area or any other competitors across 12 key performance metrics.
flexenable technology limited Ownership
FLEXENABLE TECHNOLOGY LIMITED group structure
Flexenable Technology Limited has no subsidiary companies.
Ultimate parent company
CFKC FLEXTECH LLC
#0160938
1 parent
FLEXENABLE TECHNOLOGY LIMITED
14348658
flexenable technology limited directors
Flexenable Technology Limited currently has 6 directors. The longest serving directors include Mr Nicholas Fegan (Sep 2022) and Mr Charles Milligan (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Fegan | 50 years | Sep 2022 | - | Director | |
| Mr Charles Milligan | England | 59 years | Sep 2022 | - | Director |
| Lin Chen | England | 35 years | Dec 2022 | - | Director |
| Mr Wesley Goldstein | England | 42 years | Dec 2022 | - | Director |
| Mr Erez Levy | England | 57 years | Jan 2023 | - | Director |
| Dr Mark Verrall | United Kingdom | 56 years | Jan 2023 | - | Director |
P&L
December 2023turnover
2m
0%
operating profit
-13.2m
0%
gross margin
45.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-13.3m
0%
total assets
11.2m
0%
cash
2.4m
0%
net assets
Total assets minus all liabilities
Similar Companies
flexenable technology limited company details
company number
14348658
Type
Private limited with Share Capital
industry
26110 - Manufacture of electronic components
72190 - Other research and experimental development on natural sciences and engineering
20590 - Manufacture of other chemical products n.e.c.
incorporation date
September 2022
age
2
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
34 cambridge science park, milton road, cambridge, CB4 0FX
accountant
-
auditor
GRANT THORNTON UK LLP
flexenable technology 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 flexenable technology limited.
flexenable technology limited Companies House Filings - See Documents
| date | description | view/download |
|---|
