Sense

Built on fundamental principles of value for money and quality of delivery, we provide a comprehensive range of services to help IFA firms operate efficiently, profitably and compliantly. The IFA sector is constantly evolving, our role is to provide tangible support and assistance to advisory firms looking to prosper in an ever changing world. As a small network our key people are accessible and we are always keen to help in whatever way we can. We also strong believers in technology. Our use of market leading technology, streamlines and simplifies time-consuming processes, allowing advisers more time to spend on productive activities. From a regulatory, administrative and technological perspective we provide the rails on which to run. From a commercial viewpoint we help our members build their businesses.

Revenue(FY, 2017)

£30 M

Total Funding

$15 M

Type

Private

Cheshire, GB

Founded

2007

Size (employees)

13 (est)

Website

sense-network.co.uk

Sense was founded in 2007 and is headquartered in Cheshire, GB

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Sense Office Locations

Sense has an office in Cheshire

Cheshire, GB (HQ)

Brookdale Centre Manchester Rd

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Sense Financials and Metrics

Summary Metrics

Founding Date	2007
Total Funding	$15 m
Latest funding size	$15 m
Time since last funding	a year ago
Investors	iRobot Ventures, Bolt, CRV, LLC, Shell Technology Ventures, Energy Impact Partners, Capricorn Investment Group, Prelude Ventures

Sense's latest funding round in January 2017 was reported to be $15 m. In total, Sense has raised $15 m

Sense Financials

Sense's revenue was reported to be £30.03 m in FY, 2017

Summary

GBP
Revenue (FY, 2017)	30 m
Gross profit (FY, 2017)	3.5 m
Gross profit margin (FY, 2017), %	11.6%
Net income (FY, 2017)	756.1 k
EBITDA (FY, 2017)	953.4 k
EBIT (FY, 2017)	944.1 k
Cash (31-May-2017)	1.4 m

Income Statement

GBP	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	1.8 m	2.8 m	4.8 m	7.3 m	9.1 m	13.6 m	18.7 m	21.1 m	26.8 m	30 m
Revenue growth, %								13%	27%
Cost of goods sold	66.5 k	50.6 k	128.3 k	6.3 m	7.8 m	11.8 m	16.4 m	18.4 m	23.6 m	26.6 m
Gross profit	1.7 m	2.7 m	4.7 m	1.1 m	1.3 m	1.8 m	2.2 m	2.7 m	3.2 m	3.5 m

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Balance Sheet

GBP	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	188.1 k	146 k	319.6 k	486.8 k	660.7 k	806 k	1.2 m	1.3 m	1.7 m	1.4 m
Accounts Receivable	423.9 k	430 k	526.2 k		35.5 k	54.6 k	58 k	72 k	82.9 k	76.7 k
Current Assets	617.1 k	595.8 k	877.3 k	1.1 m	1.3 m	1.7 m	2.1 m	2.2 m	2.8 m	2.7 m
PP&E	16 k	13 k	7.9 k	21.3 k	17.2 k	20.6 k	26.6 k	25.4 k	25.3 k	37.2 k

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Cash Flow

GBP	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	(38.8 k)	(68.9 k)	75.8 k	185.2 k	238.4 k	308.6 k	500.9 k	689.7 k	716.7 k	756.1 k
Cash From Operating Activities	(47.6 k)	(42.2 k)	174 k	168.5 k	364.6 k	509.8 k	788.9 k	903.6 k
Dividends Paid					162.3 k	292 k	300.3 k	635.9 k	492.4 k	457.9 k
Cash From Financing Activities	255.4 k			18.5 k	19.6 k