future it business solutions ltdEstimated Valuation
£19.4k
Pomanda estimates the enterprise value of FUTURE IT BUSINESS SOLUTIONS LTD at £19.4k based on a Turnover of £82.5k and 0.24x industry multiple (adjusted for size and gross margin).
future it business solutions ltdEstimated Valuation
£13.9k
Pomanda estimates the enterprise value of FUTURE IT BUSINESS SOLUTIONS LTD at £13.9k based on an EBITDA of £5.1k and a 2.7x industry multiple (adjusted for size and gross margin).
future it business solutions ltdEstimated Valuation
£7.1k
Pomanda estimates the enterprise value of FUTURE IT BUSINESS SOLUTIONS LTD at £7.1k based on Net Assets of £4k and 1.76x industry multiple (adjusted for liquidity).
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Future It Business Solutions LtdOverview
Future It Business Solutions Ltd is a live company located in brighouse, HD6 1RS with a Companies House number of 14400106. It operates in the retail sale of computers, peripheral units and software in specialised stores sector, SIC Code 47410. Founded in October 2022, it's largest shareholder is
philip bryan ferdinand
with a 100% stake. Future It Business Solutions Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£82.5k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Future It Business Solutions Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
2 Strong
4 Regular
2 Weak
Size
annual sales of £82.5k, make it smaller than the average company (£276k)
£82.5k - Future It Business Solutions Ltd
£276k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Future It Business Solutions Ltd
- - Industry AVG
Production
with a gross margin of 21.7%, this company has a comparable cost of product (21.7%)
21.7% - Future It Business Solutions Ltd
21.7% - Industry AVG
Profitability
an operating margin of 6.2% make it more profitable than the average company (3.4%)
6.2% - Future It Business Solutions Ltd
3.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Future It Business Solutions Ltd
6 - Industry AVG
Pay Structure
on an average salary of £23.5k, the company has an equivalent pay structure (£23.5k)
£23.5k - Future It Business Solutions Ltd
£23.5k - Industry AVG
Efficiency
resulting in sales per employee of £82.5k, this is equally as efficient (£82.5k)
£82.5k - Future It Business Solutions Ltd
£82.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Future It Business Solutions Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Future It Business Solutions Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Future It Business Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 80 weeks, this is more cash available to meet short term requirements (9 weeks)
80 weeks - Future It Business Solutions Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.5%, this is a similar level of debt than the average (64.4%)
59.5% - Future It Business Solutions Ltd
64.4% - Industry AVG
FUTURE IT BUSINESS SOLUTIONS LTD financials
EXPORT
Future It Business Solutions Ltd's latest turnover from October 2023 is estimated at £82.5 thousand and the company has net assets of £4 thousand. According to their latest financial statements, Future It Business Solutions Ltd has 1 employee and maintains cash reserves of £9.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Turnover
82,479
Other Income Or Grants
Cost Of Sales
64,578
Gross Profit
17,901
Admin Expenses
12,761
Operating Profit
5,140
Interest Payable
Interest Receivable
241
Pre-Tax Profit
5,381
Tax
-1,345
Profit After Tax
4,036
Dividends Paid
Retained Profit
4,036
Employee Costs
23,461
Number Of Employees
1
EBITDA*
5,140
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
779
Cash
9,180
misc current assets
total current assets
9,959
total assets
9,959
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
4,475
other short term finances
hp & lease commitments
other current liabilities
1,447
total current liabilities
5,922
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
5,922
net assets
4,037
total shareholders funds
4,037
Oct 2023
Operating Activities
Operating Profit
5,140
Depreciation
Amortisation
Tax
-1,345
Stock
Debtors
779
Creditors
Accruals and Deferred Income
1,447
Deferred Taxes & Provisions
Cash flow from operations
4,463
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
4,475
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
241
cash flow from financing
4,717
cash and cash equivalents
cash
9,180
overdraft
change in cash
9,180
future it business 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 future it business solutions ltd. Get real-time insights into future it business solutions ltd's credit score, group structure and payment trends.
Future It Business Solutions Ltd Competitor Analysis
Perform a competitor analysis for future it business solutions ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in HD6 area or any other competitors across 12 key performance metrics.
future it business solutions ltd Ownership
FUTURE IT BUSINESS SOLUTIONS LTD group structure
Future It Business Solutions Ltd has no subsidiary companies.
Ultimate parent company
FUTURE IT BUSINESS SOLUTIONS LTD
14400106
FUTURE IT BUSINESS SOLUTIONS LTD Shareholders
The sole shareholder of Future It Business Solutions Ltd is Philip Bryan Ferdinand.
philip bryan ferdinand
100%
future it business solutions ltd directors
Future It Business Solutions Ltd currently has 1 director, Mr Philip Ferdinand serving since Oct 2022.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023
net assets
4k
0%
total assets
10k
0%
cash
9.2k
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
future it business solutions ltd company details
company number
14400106
Type
Private limited with Share Capital
industry
47410 - Retail sale of computers, peripheral units and software in specialised stores
incorporation date
October 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
future it business solutions ltd ltd (July 2024)
fyl business solutions ltd (March 2024)
accountant
-
auditor
-
address
69 bradford road, brighouse, HD6 1RS
Bank
-
Legal Advisor
-
future it business 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 future it business solutions ltd.
future it business 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.
Click to start generating capital raising & share issue transactions for FUTURE IT BUSINESS SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
future it business solutions ltdCompanies House Filings - See Documents
