riskonnect active risk limited
riskonnect active risk limited Company Information
Company Number
02119606
Next Accounts
93 days late
Industry
Business and domestic software development
Shareholders
riskonnect active risk group limited
Group Structure
View All
Contact
Registered Address
3rd floor 70 gracechurch street, london, EC3V 0XL
Website
http://www.activerisk.comriskonnect active risk limited Estimated Valuation
Pomanda estimates the enterprise value of RISKONNECT ACTIVE RISK LIMITED at £11.2m based on a Turnover of £9.8m and 1.14x industry multiple (adjusted for size and gross margin).
riskonnect active risk limited Estimated Valuation
Pomanda estimates the enterprise value of RISKONNECT ACTIVE RISK LIMITED at £37.4m based on an EBITDA of £5.3m and a 7.01x industry multiple (adjusted for size and gross margin).
riskonnect active risk limited Estimated Valuation
Pomanda estimates the enterprise value of RISKONNECT ACTIVE RISK LIMITED at £31.4m based on Net Assets of £13.3m and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Riskonnect Active Risk Limited Overview
Riskonnect Active Risk Limited is a live company located in london, EC3V 0XL with a Companies House number of 02119606. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 1987, it's largest shareholder is riskonnect active risk group limited with a 100% stake. Riskonnect Active Risk Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.8m with healthy growth in recent years.
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Riskonnect Active Risk Limited Health Check
Pomanda's financial health check has awarded Riskonnect Active Risk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £9.8m, make it larger than the average company (£3.9m)
£9.8m - Riskonnect Active Risk Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.7%)
13% - Riskonnect Active Risk Limited
7.7% - Industry AVG
Production
with a gross margin of 82.6%, this company has a comparable cost of product (71.9%)
82.6% - Riskonnect Active Risk Limited
71.9% - Industry AVG
Profitability
an operating margin of 37.4% make it more profitable than the average company (3.5%)
37.4% - Riskonnect Active Risk Limited
3.5% - Industry AVG
Employees
with 109 employees, this is above the industry average (35)
109 - Riskonnect Active Risk Limited
35 - Industry AVG
Pay Structure
on an average salary of £63.9k, the company has an equivalent pay structure (£67.8k)
£63.9k - Riskonnect Active Risk Limited
£67.8k - Industry AVG
Efficiency
resulting in sales per employee of £90.2k, this is less efficient (£113.8k)
£90.2k - Riskonnect Active Risk Limited
£113.8k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (60 days)
77 days - Riskonnect Active Risk Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 808 days, this is slower than average (48 days)
808 days - Riskonnect Active Risk Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Riskonnect Active Risk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (19 weeks)
19 weeks - Riskonnect Active Risk Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.7%, this is a lower level of debt than the average (62.5%)
36.7% - Riskonnect Active Risk Limited
62.5% - Industry AVG
RISKONNECT ACTIVE RISK LIMITED financials
Riskonnect Active Risk Limited's latest turnover from December 2022 is £9.8 million and the company has net assets of £13.3 million. According to their latest financial statements, Riskonnect Active Risk Limited has 109 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,835,881 | 9,042,051 | 8,570,164 | 6,783,277 | 6,191,079 | 4,412,654 | 5,377,371 | 5,135,589 | 5,030,583 | 3,572,606 | 4,991,350 | 4,548,000 | 5,532,000 | 6,470,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,709,952 | 2,936,887 | 3,931,030 | 3,314,746 | 2,760,534 | 2,168,861 | 2,178,310 | 2,543,723 | 2,447,549 | 2,178,588 | 3,566,497 | 2,921,000 | 2,706,000 | 2,790,000 |
| Gross Profit | 8,125,929 | 6,105,164 | 4,639,134 | 3,468,531 | 3,430,545 | 2,243,793 | 3,199,061 | 2,591,866 | 2,583,034 | 1,394,018 | 1,424,853 | 1,627,000 | 2,826,000 | 3,680,000 |
| Admin Expenses | 4,451,047 | 1,580,896 | 2,205,754 | 1,273,110 | 2,917,759 | -144,703 | 293,973 | 476,877 | 517,518 | 2,839,473 | 2,013,476 | 3,273,000 | 1,882,000 | 4,499,000 |
| Operating Profit | 3,674,882 | 4,524,268 | 2,433,380 | 2,195,421 | 512,786 | 2,388,496 | 2,905,088 | 2,114,989 | 2,065,516 | -1,445,455 | -588,623 | -1,646,000 | 944,000 | -819,000 |
| Interest Payable | 27,330 | 24,171 | 749 | 0 | 0 | 0 | 288 | 282 | 23,766 | 9,002 | 138,998 | 124,000 | 111,000 | 7,000 |
| Interest Receivable | 0 | 0 | 0 | 21 | 95 | 49 | 1,105 | 3,806 | 7,871 | 4,590 | 3,396 | 7,000 | 2,000 | 3,000 |
| Pre-Tax Profit | 3,647,552 | 4,500,097 | 2,432,631 | 2,195,442 | 512,881 | 2,388,545 | 2,905,905 | 2,118,513 | 2,049,621 | -1,449,867 | -724,225 | -1,763,000 | 835,000 | -823,000 |
| Tax | 130,626 | -1,109,298 | -484,049 | -467,241 | -104,401 | -491,929 | -581,181 | -419,346 | 1,124,595 | -9,502 | 291,625 | -4,000 | -45,000 | 0 |
| Profit After Tax | 3,778,178 | 3,390,799 | 1,948,582 | 1,728,201 | 408,480 | 1,896,616 | 2,324,724 | 1,699,167 | 3,174,216 | -1,459,369 | -432,600 | -1,767,000 | 790,000 | -823,000 |
| Dividends Paid | 0 | 0 | 2,500,000 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,778,178 | 3,390,799 | -551,418 | 1,728,201 | -591,520 | 1,896,616 | 2,324,724 | 1,699,167 | 3,174,216 | -1,459,369 | -432,600 | -1,767,000 | 790,000 | -823,000 |
| Employee Costs | 6,967,624 | 8,869,231 | 6,322,217 | 5,278,274 | 4,563,877 | 3,721,331 | 3,533,228 | 2,857,450 | 2,621,263 | 3,623,637 | 4,083,312 | 3,777,000 | 4,215,000 | 4,903,000 |
| Number Of Employees | 109 | 116 | 80 | 55 | 48 | 39 | 40 | 33 | 29 | 32 | 45 | 47 | 47 | 54 |
| EBITDA* | 5,329,825 | 5,738,012 | 3,338,725 | 2,751,992 | 1,081,197 | 2,508,232 | 3,005,610 | 2,173,095 | 2,108,783 | -1,381,014 | -475,688 | -1,489,000 | 1,101,000 | -629,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,372,856 | 437,156 | 128,541 | 117,663 | 113,838 | 27,380 | 39,175 | 45,547 | 83,577 | 91,090 | 68,440 | 161,000 | 234,000 | 329,000 |
| Intangible Assets | 11,453,606 | 9,574,133 | 5,578,872 | 4,324,838 | 3,066,911 | 3,548,591 | 1,652,258 | 585,084 | 112,860 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2 | 2 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 43,884 | 43,945 | 43,945 | 43,884 | 43,884 | 43,428 | 43,358 | 43,710 | 69,000 | 69,000 | 69,000 | 175,000 |
| Total Fixed Assets | 12,826,464 | 10,011,291 | 5,751,297 | 4,486,447 | 3,224,695 | 3,619,856 | 1,735,318 | 674,060 | 239,796 | 134,801 | 137,441 | 230,000 | 303,000 | 504,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,092,272 | 1,284,900 | 1,683,670 | 1,129,736 | 1,003,928 | 833,433 | 674,457 | 922,537 | 1,065,605 | 1,194,626 | 1,555,306 | 1,295,000 | 3,500,000 | 2,063,000 |
| Group Debtors | 2,890,999 | 2,307,751 | 1,081,711 | 891,791 | 953,134 | 1,922,779 | 1,636,244 | 492,750 | 1,103,140 | 292,474 | 56,193 | 178,000 | 9,000 | 9,000 |
| Misc Debtors | 878,679 | 2,714,863 | 586,457 | 766,535 | 486,363 | 505,799 | 527,812 | 971,307 | 1,294,350 | 414,659 | 587,959 | 205,000 | 142,000 | 269,000 |
| Cash | 2,389,881 | 2,171,581 | 4,063,367 | 3,283,078 | 2,656,000 | 1,614,123 | 1,481,723 | 3,240,477 | 2,291,712 | 767,798 | 1,692,317 | 1,337,000 | 1,544,000 | 784,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,251,831 | 8,479,095 | 7,415,205 | 6,071,140 | 5,099,425 | 4,876,134 | 4,320,236 | 5,627,071 | 5,754,807 | 2,669,557 | 3,891,775 | 3,015,000 | 5,195,000 | 3,125,000 |
| total assets | 21,078,295 | 18,490,386 | 13,166,502 | 10,557,587 | 8,324,120 | 8,495,990 | 6,055,554 | 6,301,131 | 5,994,603 | 2,804,358 | 4,029,216 | 3,245,000 | 5,498,000 | 3,629,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55,000 | 61,000 | 59,000 |
| Trade Creditors | 3,787,562 | 3,334,478 | 186,741 | 293,427 | 475,811 | 180,145 | 91,728 | 110,931 | 139,323 | 202,507 | 114,763 | 247,000 | 231,000 | 685,000 |
| Group/Directors Accounts | 204,234 | 1,618,960 | 1,618,960 | 0 | 16,057 | 0 | 72,977 | 41,590 | 1,047,875 | 1,138,942 | 732,303 | 5,221,000 | 5,105,000 | 3,537,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 128,903 | 434,394 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,310,403 | 2,044,290 | 4,775,344 | 3,313,275 | 2,609,568 | 2,501,641 | 1,973,261 | 2,043,104 | 2,349,255 | 2,236,373 | 2,487,300 | 2,330,000 | 2,901,000 | 2,278,000 |
| total current liabilities | 6,431,102 | 7,432,122 | 6,581,045 | 3,606,702 | 3,101,436 | 2,681,786 | 2,137,966 | 2,195,625 | 3,536,453 | 3,577,822 | 3,334,366 | 7,853,000 | 8,298,000 | 6,559,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57,000 | 121,000 |
| hp & lease commitments | 988,192 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 9,375 | 0 | 0 | 0 | 0 | 0 | 0 | 12,642 | 64,453 | 7,055 | 16,000 | 63,000 | 123,000 | 31,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 302,178 | 1,488,994 | 185,990 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 232,000 |
| total long term liabilities | 1,299,745 | 1,488,994 | 185,990 | 0 | 0 | 0 | 0 | 12,642 | 64,453 | 7,055 | 16,000 | 63,000 | 180,000 | 384,000 |
| total liabilities | 7,730,847 | 8,921,116 | 6,767,035 | 3,606,702 | 3,101,436 | 2,681,786 | 2,137,966 | 2,208,267 | 3,600,906 | 3,584,877 | 3,350,366 | 7,916,000 | 8,478,000 | 6,943,000 |
| net assets | 13,347,448 | 9,569,270 | 6,399,467 | 6,950,885 | 5,222,684 | 5,814,204 | 3,917,588 | 4,092,864 | 2,393,697 | -780,519 | 678,850 | -4,671,000 | -2,980,000 | -3,314,000 |
| total shareholders funds | 13,347,448 | 9,569,270 | 6,399,467 | 6,950,885 | 5,222,684 | 5,814,204 | 3,917,588 | 4,092,864 | 2,393,697 | -780,519 | 678,850 | -4,671,000 | -2,980,000 | -3,314,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 3,674,882 | 4,524,268 | 2,433,380 | 2,195,421 | 512,786 | 2,388,496 | 2,905,088 | 2,114,989 | 2,065,516 | -1,445,455 | -588,623 | -1,646,000 | 944,000 | -819,000 |
| Depreciation | 116,770 | 100,834 | 61,559 | 44,002 | 37,203 | 21,611 | 43,024 | 43,866 | 43,267 | 64,441 | 112,935 | 157,000 | 157,000 | 190,000 |
| Amortisation | 1,538,173 | 1,112,910 | 843,786 | 512,569 | 531,208 | 98,125 | 57,498 | 14,240 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 130,626 | -1,109,298 | -484,049 | -467,241 | -104,401 | -491,929 | -581,181 | -419,346 | 1,124,595 | -9,502 | 291,625 | -4,000 | -45,000 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -445,564 | 2,911,792 | 563,715 | 344,637 | -818,525 | 423,498 | 452,375 | -1,076,431 | 1,560,984 | 198,469 | 521,458 | -1,973,000 | 1,204,000 | 2,516,000 |
| Creditors | 453,084 | 3,147,737 | -106,686 | -182,384 | 295,666 | 88,417 | -19,203 | -28,392 | -63,184 | -44,493 | -132,237 | 16,000 | -454,000 | 685,000 |
| Accruals and Deferred Income | 275,488 | -2,731,054 | 1,462,069 | 703,707 | 107,927 | 528,380 | -82,485 | -357,962 | 170,280 | -149,572 | 110,300 | -631,000 | 715,000 | 2,309,000 |
| Deferred Taxes & Provisions | -1,186,816 | 1,303,004 | 185,990 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -232,000 | 232,000 |
| Cash flow from operations | 5,447,771 | 3,436,609 | 3,832,334 | 2,461,437 | 2,198,914 | 2,209,602 | 1,870,366 | 2,443,826 | 1,779,490 | -1,783,050 | -727,458 | -135,000 | -119,000 | 81,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 2 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -55,000 | -55,000 | -6,000 | 2,000 | 59,000 |
| Group/Directors Accounts | -1,414,726 | 0 | 1,618,960 | -16,057 | 16,057 | -72,977 | 31,387 | -1,006,285 | -91,067 | -4,082,058 | -4,488,697 | 116,000 | 1,568,000 | 3,537,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -57,000 | -64,000 | 121,000 |
| Hire Purchase and Lease Commitments | 682,701 | 434,394 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -27,330 | -24,171 | -749 | 21 | 95 | 49 | 817 | 3,524 | -15,895 | -4,412 | -135,602 | -117,000 | -109,000 | -4,000 |
| cash flow from financing | -759,355 | 189,227 | 1,618,211 | -16,036 | 16,152 | -72,928 | -2,467,796 | -1,002,761 | -106,962 | 1,208,380 | 1,103,151 | 12,000 | 941,000 | 1,222,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 218,300 | -1,891,786 | 780,289 | 627,078 | 1,041,877 | 132,400 | -1,758,754 | 948,765 | 1,523,914 | -569,202 | 355,317 | -207,000 | 760,000 | 784,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 218,300 | -1,891,786 | 780,289 | 627,078 | 1,041,877 | 132,400 | -1,758,754 | 948,765 | 1,523,914 | -569,202 | 355,317 | -207,000 | 760,000 | 784,000 |
riskonnect active risk limited Credit Report and Business Information
Riskonnect Active Risk Limited Competitor Analysis
Perform a competitor analysis for riskonnect active risk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC3V area or any other competitors across 12 key performance metrics.
riskonnect active risk limited Ownership
RISKONNECT ACTIVE RISK LIMITED group structure
Riskonnect Active Risk Limited has no subsidiary companies.
Ultimate parent company
CASTELLAN SOLUTIONS INC
#0130765
2 parents
RISKONNECT ACTIVE RISK LIMITED
02119606
riskonnect active risk limited directors
Riskonnect Active Risk Limited currently has 2 directors. The longest serving directors include Mr James Wetekamp (Apr 2022) and Mr Peter Vlerick (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Wetekamp | United Kingdom | 50 years | Apr 2022 | - | Director |
| Mr Peter Vlerick | United Kingdom | 55 years | Jun 2024 | - | Director |
P&L
December 2022turnover
9.8m
+9%
operating profit
3.7m
-19%
gross margin
82.7%
+22.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
13.3m
+0.39%
total assets
21.1m
+0.14%
cash
2.4m
+0.1%
net assets
Total assets minus all liabilities
Similar Companies
riskonnect active risk limited company details
company number
02119606
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 1987
age
37
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2022
previous names
sword grc limited (April 2022)
active risk limited (October 2019)
See moreaccountant
-
auditor
-
address
3rd floor 70 gracechurch street, london, EC3V 0XL
Bank
HSBC BANK PLC
Legal Advisor
-
riskonnect active risk 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 5 charges/mortgages relating to riskonnect active risk limited. Currently there are 1 open charges and 4 have been satisfied in the past.
riskonnect active risk limited Capital Raised & Share Issues BETA
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riskonnect active risk limited Companies House Filings - See Documents
| date | description | view/download |
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