Pomanda estimates the enterprise value of SONRAI ANALYTICS LTD at £2.2m based on a Turnover of £2.5m and 0.89x industry multiple (adjusted for size and gross margin).
sonrai analytics ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SONRAI ANALYTICS LTD at £0 based on an EBITDA of £-2.2m and a 4.99x industry multiple (adjusted for size and gross margin).
sonrai analytics ltdEstimated Valuation
£770.9k
Pomanda estimates the enterprise value of SONRAI ANALYTICS LTD at £770.9k based on Net Assets of £345.4k and 2.23x industry multiple (adjusted for liquidity).
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Sonrai Analytics LtdOverview
Sonrai Analytics Ltd is a live company located in belfast, BT3 9DT with a Companies House number of NI650803. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2018, it's largest shareholder is
darragh mcart
with a 26.2% stake. Sonrai Analytics Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£2.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Sonrai Analytics Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £2.5m, make it smaller than the average company (£5m)
£2.5m - Sonrai Analytics Ltd
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (9%)
15% - Sonrai Analytics Ltd
9% - Industry AVG
Production
with a gross margin of 67.2%, this company has a comparable cost of product (67.2%)
67.2% - Sonrai Analytics Ltd
67.2% - Industry AVG
Profitability
an operating margin of -91.1% make it less profitable than the average company (4.1%)
-91.1% - Sonrai Analytics Ltd
4.1% - Industry AVG
Employees
with 38 employees, this is similar to the industry average (34)
38 - Sonrai Analytics Ltd
34 - Industry AVG
Pay Structure
on an average salary of £69.4k, the company has an equivalent pay structure (£69.4k)
£69.4k - Sonrai Analytics Ltd
£69.4k - Industry AVG
Efficiency
resulting in sales per employee of £64.5k, this is less efficient (£142.6k)
£64.5k - Sonrai Analytics Ltd
£142.6k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (56 days)
10 days - Sonrai Analytics Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (38 days)
101 days - Sonrai Analytics Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sonrai Analytics Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 48 weeks, this is more cash available to meet short term requirements (17 weeks)
48 weeks - Sonrai Analytics Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.7%, this is a similar level of debt than the average (58.6%)
57.7% - Sonrai Analytics Ltd
58.6% - Industry AVG
SONRAI ANALYTICS LTD financials
EXPORT
Sonrai Analytics Ltd's latest turnover from March 2024 is estimated at £2.5 million and the company has net assets of £345.4 thousand. According to their latest financial statements, Sonrai Analytics Ltd has 38 employees and maintains cash reserves of £441 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Turnover
2,451,526
1,458,122
1,365,204
1,623,620
296,370
Other Income Or Grants
Cost Of Sales
803,887
470,692
437,815
539,379
99,799
Gross Profit
1,647,639
987,429
927,389
1,084,241
196,571
Admin Expenses
3,881,990
1,936,820
1,993,995
621,293
210,892
Operating Profit
-2,234,351
-949,391
-1,066,606
462,948
-14,321
Interest Payable
19,731
12,513
Interest Receivable
48,035
32,210
317
Pre-Tax Profit
-2,186,316
-936,913
-1,078,801
462,948
-14,321
Tax
-87,960
Profit After Tax
-2,186,316
-936,913
-1,078,801
374,988
-14,321
Dividends Paid
Retained Profit
-2,186,316
-936,913
-1,078,801
374,988
-14,321
Employee Costs
2,636,233
1,749,235
984,088
509,580
175,197
Number Of Employees
38
26
16
9
3
EBITDA*
-2,223,361
-937,124
-1,066,606
462,948
-14,321
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Tangible Assets
7,919
16,568
17,681
26,162
5,022
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
7,919
16,568
17,681
26,162
5,022
Stock & work in progress
Trade Debtors
73,325
16,882
172,220
362,046
45,836
Group Debtors
Misc Debtors
294,564
275,484
179,948
1,011
Cash
441,038
1,388,865
126,886
misc current assets
total current assets
808,927
1,681,231
479,054
363,057
45,836
total assets
816,846
1,697,799
496,735
389,219
50,858
Bank overdraft
Bank loan
Trade Creditors
223,534
46,663
72,094
23,173
15,179
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
247,925
156,943
32,965
total current liabilities
471,459
203,606
105,059
23,173
15,179
loans
385,000
hp & lease commitments
Accruals and Deferred Income
5,379
other liabilities
50,000
provisions
total long term liabilities
385,000
5,379
50,000
total liabilities
471,459
203,606
490,059
28,552
65,179
net assets
345,387
1,494,193
6,676
360,667
-14,321
total shareholders funds
345,387
1,494,193
6,676
360,667
-14,321
Mar 2024
Mar 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Operating Activities
Operating Profit
-2,234,351
-949,391
-1,066,606
462,948
-14,321
Depreciation
10,990
12,267
Amortisation
Tax
-87,960
Stock
Debtors
75,523
-59,802
-10,889
317,221
45,836
Creditors
176,871
-25,431
48,921
7,994
15,179
Accruals and Deferred Income
90,982
123,978
27,586
5,379
Deferred Taxes & Provisions
Cash flow from operations
-2,031,031
-778,775
-979,210
71,140
-44,978
Investing Activities
capital expenditure
-2,341
-11,154
8,481
-21,140
-5,022
Change in Investments
cash flow from investments
-2,341
-11,154
8,481
-21,140
-5,022
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-385,000
385,000
Hire Purchase and Lease Commitments
other long term liabilities
-50,000
50,000
share issue
1,037,510
2,424,430
724,810
interest
48,035
12,479
-12,196
cash flow from financing
1,085,545
2,051,909
1,097,614
-50,000
50,000
cash and cash equivalents
cash
-947,827
1,261,979
126,886
overdraft
change in cash
-947,827
1,261,979
126,886
sonrai analytics 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 sonrai analytics ltd. Get real-time insights into sonrai analytics ltd's credit score, group structure and payment trends.
Perform a competitor analysis for sonrai analytics ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BT3 area or any other competitors across 12 key performance metrics.
sonrai analytics ltd Ownership
SONRAI ANALYTICS LTD group structure
Sonrai Analytics Ltd has no subsidiary companies.
Ultimate parent company
SONRAI ANALYTICS LTD
NI650803
SONRAI ANALYTICS LTD Shareholders
The largest shareholders in Sonrai Analytics Ltd include Darragh Mcart and Qubis Ltd.
darragh mcart
26.17%
qubis ltd
19.29%
forward partners iii limited partnership acting by its general partner forward partners general partner limited
11.09%
invest northern ireland
9.68%
nominee of molten ventures investments lp
4.13%
qub equity limited partnership
4.13%
techstart ventures ii limited partnership acting by its general partner techstart ventures ii gp limited
3.28%
eckuity fund i lp
2.77%
kcp nominees (clarendon) limited
2.69%
seedevi senevirathne
2.43%
sonrai analytics ltd directors
Sonrai Analytics Ltd currently has 4 directors.
The longest serving directors include
Mr Darragh McArt (Feb 2018) and
Mr Brian McCaul (Mar 2019).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
345.4k
-0.77%
total assets
816.8k
-0.52%
cash
441k
-0.68%
net assets
Total assets minus all liabilities
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sonrai analytics ltd company details
company number
NI650803
Type
Private limited with Share Capital
industry
63110 - Data processing, hosting and related activities
62012 - Business and domestic software development
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
GRANT THORNTON (NI) LLP
auditor
-
address
concourse building 2, unit 2, suite 1, belfast, BT3 9DT
Bank
-
Legal Advisor
-
sonrai analytics 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 sonrai analytics ltd.
sonrai analytics 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.
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sonrai analytics ltdCompanies House Filings - See Documents
