briefed limited

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briefed limited Company Information

Share BRIEFED LIMITED

Company Number

NI609305

Shareholders

fortes bidco limited

orlagh mcgahan kelly

Group Structure

View All

Industry

Other information technology and computer service activities

 +1

Registered Address

19 ravenhill park, ravenhill park, belfast, BT6 0DE

briefed limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of BRIEFED LIMITED at £1.2m based on a Turnover of £1.4m and 0.83x industry multiple (adjusted for size and gross margin).

briefed limited Estimated Valuation

£554k

Pomanda estimates the enterprise value of BRIEFED LIMITED at £554k based on an EBITDA of £140.2k and a 3.95x industry multiple (adjusted for size and gross margin).

briefed limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of BRIEFED LIMITED at £2m based on Net Assets of £911.2k and 2.24x industry multiple (adjusted for liquidity).

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Briefed Limited Overview

Briefed Limited is a live company located in belfast, BT6 0DE with a Companies House number of NI609305. It operates in the other software publishing sector, SIC Code 58290. Founded in October 2011, it's largest shareholder is fortes bidco limited with a 79.2% stake. Briefed Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.

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Briefed Limited Health Check

Pomanda's financial health check has awarded Briefed Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £1.4m, make it smaller than the average company (£6.5m)

£1.4m - Briefed Limited

£6.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (7.9%)

58% - Briefed Limited

7.9% - Industry AVG

production

Production

with a gross margin of 36.4%, this company has a higher cost of product (63.1%)

36.4% - Briefed Limited

63.1% - Industry AVG

profitability

Profitability

an operating margin of 10% make it more profitable than the average company (3.5%)

10% - Briefed Limited

3.5% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (42)

7 - Briefed Limited

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £79.7k, the company has an equivalent pay structure (£79.7k)

£79.7k - Briefed Limited

£79.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £200.9k, this is more efficient (£167.9k)

£200.9k - Briefed Limited

£167.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 145 days, this is later than average (56 days)

145 days - Briefed Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 172 days, this is slower than average (35 days)

172 days - Briefed Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Briefed Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 94 weeks, this is more cash available to meet short term requirements (14 weeks)

94 weeks - Briefed Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 31.8%, this is a lower level of debt than the average (62.2%)

31.8% - Briefed Limited

62.2% - Industry AVG

BRIEFED LIMITED financials

EXPORTms excel logo

Briefed Limited's latest turnover from December 2023 is estimated at £1.4 million and the company has net assets of £911.2 thousand. According to their latest financial statements, Briefed Limited has 7 employees and maintains cash reserves of £773.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012
Turnover1,406,5531,398,0031,975,603356,080259,347198,439193,4919,3236,02035,68133,34527,463
Other Income Or Grants
Cost Of Sales894,826877,4771,275,208231,063169,296127,582118,9315,6753,74923,04421,45416,592
Gross Profit511,726520,526700,396125,01790,05170,85774,5603,6472,27012,63611,89110,871
Admin Expenses371,533282,717767,277-103,31749,119-422,787-66,4799,67217,53945,61413,82254,130
Operating Profit140,193237,809-66,881228,33440,932493,644141,039-6,025-15,269-32,978-1,931-43,259
Interest Payable
Interest Receivable40,51013,4647595213,6772,1875535100126865
Pre-Tax Profit180,703251,273-66,122228,85644,609495,831141,094-5,990-15,169-32,852-1,845-43,254
Tax-45,176-47,742-43,483-8,476-94,208-26,808
Profit After Tax135,527203,531-66,122185,37336,133401,623114,286-5,990-15,169-32,852-1,845-43,254
Dividends Paid
Retained Profit135,527203,531-66,122185,37336,133401,623114,286-5,990-15,169-32,852-1,845-43,254
Employee Costs558,046597,745559,921403,106328,084183,70160,86256,81855,91356,53353,24153,066
Number Of Employees788653111111
EBITDA*140,193237,809-63,888236,14040,932497,382141,419-5,987-15,221-32,918-1,856-43,259

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012
Tangible Assets11,96037,53631,96036,5502,022153191239299
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets11,96037,53631,96036,5502,022153191239299
Stock & work in progress
Trade Debtors561,233554,487947,24562,44730,73434,07253,9702,3291,3615,2005,2715,425
Group Debtors
Misc Debtors872
Cash773,878769,364607,488435,323545,21138,0266,01422,08918,00632,4221,889
misc current assets805
total current assets1,335,1111,323,851948,117669,935466,057579,28392,8018,34323,45023,20637,6937,314
total assets1,335,1111,323,851960,077707,471498,017615,83394,8238,49623,64123,44537,9927,314
Bank overdraft
Bank loan
Trade Creditors 423,868548,13538,32636,58224,686163,72319,4695,7205,365101,39583,09050,567
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities423,868548,13538,32636,58224,686163,72319,4695,7205,365101,39583,09050,567
loans
hp & lease commitments
Accruals and Deferred Income349,568
other liabilities32,58320,39835,31060,177101,885111,395
provisions
total long term liabilities349,56832,58320,39835,31060,177101,885111,395
total liabilities423,868548,135387,89469,16545,084199,03379,646107,605116,760101,39583,09050,567
net assets911,243775,716572,183638,306452,933416,80015,177-99,109-93,119-77,950-45,098-43,253
total shareholders funds911,243775,716572,183638,306452,933416,80015,177-99,109-93,119-77,950-45,098-43,253
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012
Operating Activities
Operating Profit140,193237,809-66,881228,33440,932493,644141,039-6,025-15,269-32,978-1,931-43,259
Depreciation2,9937,8063,73838038486075
Amortisation
Tax-45,176-47,742-43,483-8,476-94,208-26,808
Stock
Debtors6,746-393,630885,67031,713-3,338-19,89851,641968-3,839-71-1545,425
Creditors-124,267509,8091,74411,896-139,037144,25413,749355-96,03018,30532,52350,567
Accruals and Deferred Income-349,568349,568
Deferred Taxes & Provisions
Cash flow from operations-35,996743,938-598,246172,840-103,243567,32676,719-6,600-107,412-14,54230,8211,883
Investing Activities
capital expenditure11,96022,583-13,3824,590-38,266-2,249-374
Change in Investments
cash flow from investments11,96022,583-13,3824,590-38,266-2,249-374
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-32,58312,185-14,912-24,867-41,708-9,510111,395
share issue2-11
interest40,51013,4647595213,6772,1875535100126865
cash flow from financing40,51013,466-31,82512,706-11,235-22,680-41,653-9,475111,495126866
cash and cash equivalents
cash4,514769,364-607,488172,165-109,888507,18532,012-16,0754,083-14,41630,5331,889
overdraft
change in cash4,514769,364-607,488172,165-109,888507,18532,012-16,0754,083-14,41630,5331,889

briefed 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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Briefed Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for briefed limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BT6 area or any other competitors across 12 key performance metrics.

briefed limited Ownership

BRIEFED LIMITED group structure

Briefed Limited has no subsidiary companies.

Ultimate parent company

2 parents

BRIEFED LIMITED

NI609305

BRIEFED LIMITED Shareholders

fortes bidco limited 79.17%
orlagh mcgahan kelly 20.83%

briefed limited directors

Briefed Limited currently has 3 directors. The longest serving directors include Mrs Orlagh Kelly (Oct 2011) and Mr Charles Gallagher-Powell (Sep 2024).

officercountryagestartendrole
Mrs Orlagh KellyNorthern Ireland45 years Oct 2011- Director
Mr Charles Gallagher-PowellEngland35 years Sep 2024- Director
Mr Steven ClarkEngland58 years Sep 2024- Director

P&L

December 2023

turnover

1.4m

+1%

operating profit

140.2k

0%

gross margin

36.4%

-2.29%

turnover

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

Balance Sheet

December 2023

net assets

911.2k

+0.17%

total assets

1.3m

+0.01%

cash

773.9k

+0.01%

net assets

Total assets minus all liabilities

briefed limited company details

company number

NI609305

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

58290 - Other software publishing

incorporation date

October 2011

age

14

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

December 2023

previous names

omg software ltd (October 2018)

accountant

-

auditor

-

address

19 ravenhill park, ravenhill park, belfast, BT6 0DE

Bank

-

Legal Advisor

-

briefed 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 found 1 charges/mortgages relating to briefed limited. Currently there are 1 open charges and 0 have been satisfied in the past.

briefed 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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briefed limited Companies House Filings - See Documents

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