Core Technology Systems (u.k.) Limited

POWER SEARCH PRICING

SOLUTIONS

core technology systems (u.k.) limited Company Information

Company Number

02502866

Next Accounts

Sep 2025

Directors

Conor Callanan

Eamon McGann

View All

Shareholders

conor joseph callanan

eamon mcgann

View All

Group Structure

View All

Industry

Computer consultancy activities

Registered Address

9th floor 9 appold street, london, EC2A 2AP

Website

www.core.co.uk

core technology systems (u.k.) limited Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED at £4.3m based on a Turnover of £7.1m and 0.61x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Core Technology Systems (u.k.) Limited is a live company located in london, EC2A 2AP with a Companies House number of 02502866. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 1990, it's largest shareholder is conor joseph callanan with a 69.9% stake. Core Technology Systems (u.k.) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.1m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Core Technology Systems (U.K.) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

4 Strong

1 Regular

6 Weak

Size

annual sales of £7.1m, make it larger than the average company (£5.3m)

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (8.2%)

EXPORT

Core Technology Systems (U.K.) Limited's latest turnover from December 2023 is estimated at £7.1 million and the company has net assets of £432.3 thousand. According to their latest financial statements, Core Technology Systems (U.K.) Limited has 54 employees and maintains cash reserves of £192.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	7,081,278	6,110,712	4,481,914	3,767,815	4,626,424	6,548,308	3,984,223	5,046,321	6,242,690	4,805,835	4,523,880	3,904,775	3,121,014	1,934,349
Other Income Or Grants
Cost Of Sales	5,293,363	4,482,699	3,310,223	2,787,336	3,430,976	4,800,427	2,882,993	3,571,887	3,949,162	3,403,363	3,161,281	2,698,859	2,166,555	1,330,319
Gross Profit	1,787,915	1,628,014	1,171,691	980,478	1,195,448	1,747,881	1,101,230	1,474,434	2,293,528	1,402,472	1,362,599	1,205,915	954,459	604,029
Admin Expenses	2,480,326	1,579,799	1,643,724	836,469	1,590,276	1,576,396	635,851	1,862,722	2,315,430	1,285,864	1,254,307	988,384	1,038,108	603,755	-132,066
Operating Profit	-692,411	48,215	-472,033	144,009	-394,828	171,485	465,379	-388,288	-21,902	116,608	108,292	217,531	-83,649	274	132,066
Interest Payable		23,203	15,265			2,297	10,490	13,727	11,847
Interest Receivable	18,742	33,749	5,692	1,977	5,314	3,889	1,070	358		768	627	612	667	772	239
Pre-Tax Profit	-673,669	58,762	-481,606	145,986	-389,514	173,078	455,959	-401,657	97,951	117,376	108,918	218,143	-82,982	1,046	132,306
Tax		-11,165		-27,737		-32,885	-86,632		-8,446	-24,649	-25,051	-52,354		-293	-37,046
Profit After Tax	-673,669	47,597	-481,606	118,249	-389,514	140,193	369,327	-401,657	89,505	92,727	83,867	165,789	-82,982	753	95,260
Dividends Paid
Retained Profit	-673,669	47,597	-481,606	118,249	-389,514	140,193	369,327	-401,657	89,505	92,727	83,867	165,789	-82,982	753	95,260
Employee Costs	3,709,314	3,358,825	1,104,479	2,864,634	3,448,510	3,564,849	952,486	4,118,190	3,982,443	1,078,191	1,048,852	919,011	745,912	462,854
Number Of Employees	54	52	18	50	60	60	17	72	70	19	19	17	14	9
EBITDA*	-644,167	76,427	-445,642	170,400	-143,030	446,312	740,844	-88,471	280,581	273,054	165,770	246,307	-59,870	12,465	152,120

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	93,783	81,373	44,819	6,822	25,489	33,183	44,755	62,439	313,013	363,040	99,943	136,482	37,729	25,364	12,078
Intangible Assets	44,630	63,757				227,819	456,070	684,321	912,572	1,115,348
Investments & Other	1,891,745	2,660,747	935	935	935	935	935	877	877		350,000
Debtors (Due After 1 year)
Total Fixed Assets	2,030,158	2,805,877	45,754	7,757	26,424	261,937	501,760	747,637	1,226,462	1,478,388	449,943	136,482	37,729	25,364	12,078
Stock & work in progress												3,330	279	198
Trade Debtors	2,388,884	1,988,823	1,557,370	1,091,327	1,540,663	2,537,503	1,610,828	1,479,309	1,171,445	1,289,074	1,197,772	1,064,163	723,960	535,743	355,511
Group Debtors
Misc Debtors			269,255				626,924	431,727	279,488
Cash	192,700	521,278	1,407,257	3,146,119	807,987	609,072	428,042		286,003	247,449	59,748	190,878	54,102	212,877	95,743
misc current assets
total current assets	2,581,584	2,510,101	3,233,882	4,237,446	2,348,650	3,146,575	2,665,794	1,911,036	1,736,936	1,536,523	1,257,520	1,258,371	778,341	748,818	451,254
total assets	4,611,742	5,315,978	3,279,636	4,245,203	2,375,074	3,408,512	3,167,554	2,658,673	2,963,398	3,014,911	1,707,463	1,394,853	816,070	774,182	463,332
Bank overdraft							33,314	186,767	53,606
Bank loan
Trade Creditors	2,476,835	2,501,753	476,447	1,555,230	949,252	1,595,557	279,404	259,180	281,692	1,270,112	1,251,026	1,076,033		538,169	228,072
Group/Directors Accounts							50,766	25,224	10,579
other short term finances
hp & lease commitments
other current liabilities			1,256,337				1,165,382	887,846	847,207
total current liabilities	2,476,835	2,501,753	1,732,784	1,555,230	949,252	1,595,557	1,528,866	1,359,017	1,193,084	1,270,112	1,251,026	1,076,033		538,169	228,072
loans			488,485				34,736	67,938	130,949
hp & lease commitments
Accruals and Deferred Income
other liabilities	1,702,612	1,708,261		1,150,000	4,098					189,449	53,750		663,039
provisions						1,717	2,907		5,990	9,936
total long term liabilities	1,702,612	1,708,261	488,485	1,150,000	4,098	1,717	37,643	67,938	136,939	199,385	53,750		663,039
total liabilities	4,179,447	4,210,014	2,221,269	2,705,230	953,350	1,597,274	1,566,509	1,426,955	1,330,023	1,469,497	1,304,776	1,076,033	663,039	538,169	228,072
net assets	432,295	1,105,964	1,058,367	1,539,973	1,421,724	1,811,238	1,601,045	1,231,718	1,633,375	1,545,414	402,687	318,820	153,031	236,013	235,260
total shareholders funds	432,295	1,105,964	1,058,367	1,539,973	1,421,724	1,811,238	1,601,045	1,231,718	1,633,375	1,545,414	402,687	318,820	153,031	236,013	235,260

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	-692,411	48,215	-472,033	144,009	-394,828	171,485	465,379	-388,288	-21,902	116,608	108,292	217,531	-83,649	274	132,066
Depreciation	26,391	26,391	26,391	26,391	23,979	46,576	47,214	71,566	75,970	69,710	57,478	28,776	23,779	12,191	20,054
Amortisation	21,853	1,821			227,819	228,251	228,251	228,251	226,513	86,736
Tax		-11,165		-27,737		-32,885	-86,632		-8,446	-24,649	-25,051	-52,354		-293	-37,046
Stock											-3,330	3,051	81	198
Debtors	400,061	162,198	735,298	-449,336	-996,840	299,751	326,716	460,103	161,859	91,302	133,609	340,203	188,217	180,232	355,511
Creditors	-24,918	2,025,306	-1,078,783	605,978	-646,305	1,316,153	20,224	-22,512	-988,420	19,086	174,993	1,076,033	-538,169	310,097	228,072
Accruals and Deferred Income		-1,256,337	1,256,337			-1,165,382	277,536	40,639	847,207
Deferred Taxes & Provisions					-1,717	-1,190	2,907	-5,990	-3,946	9,936
Cash flow from operations	-1,069,146	672,033	-1,003,386	1,197,977	205,788	263,257	628,163	-536,437	-34,883	186,125	185,433	926,732	-786,337	141,839	-12,365
Investing Activities
capital expenditure	-41,527	-128,523	-64,388	-7,724	-16,285	-35,004	-29,530	179,008	-49,680	-1,534,891	-20,939	-127,529	-36,144	-25,477	-32,132
Change in Investments	-769,002	2,659,812					58		877	-350,000	350,000
cash flow from investments	727,475	-2,788,335	-64,388	-7,724	-16,285	-35,004	-29,588	179,008	-50,557	-1,184,891	-370,939	-127,529	-36,144	-25,477	-32,132
Financing Activities
Bank loans
Group/Directors Accounts						-50,766	25,542	14,645	10,579
Other Short Term Loans
Long term loans		-488,485	488,485			-34,736	-33,202	-63,011	130,949
Hire Purchase and Lease Commitments
other long term liabilities	-5,649	1,708,261	-1,150,000	1,145,902	4,098				-189,449	135,699	53,750	-663,039	663,039
share issue						70,000			-1,544	1,050,000					140,000
interest	18,742	10,546	-9,573	1,977	5,314	1,592	-9,420	-13,369	-11,847	768	627	612	667	772	239
cash flow from financing	13,093	1,230,322	-671,088	1,147,879	9,412	-13,910	-17,080	-61,735	-61,312	1,186,467	54,377	-662,427	663,706	772	140,239
cash and cash equivalents
cash	-328,578	-885,979	-1,738,862	2,338,132	198,915	181,030	428,042	-286,003	38,554	187,701	-131,130	136,776	-158,775	117,134	95,743
overdraft						-33,314	-153,453	133,161	53,606
change in cash	-328,578	-885,979	-1,738,862	2,338,132	198,915	214,344	581,495	-419,164	-15,052	187,701	-131,130	136,776	-158,775	117,134	95,743

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for core technology systems (u.k.) limited. Get real-time insights into core technology systems (u.k.) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for core technology systems (u.k.) limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC2A area or any other competitors across 12 key performance metrics.

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED group structure

Core Technology Systems (U.K.) Limited has 4 subsidiary companies.

Ultimate parent company

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

02502866

4 subsidiaries

PARATIVE LIMITED

04915025

EXCITATION LIMITED

03849566

VELOCITY IT LTD

07126010

COMPANY NET LIMITED

SC167440

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED Shareholders

conor joseph callanan	69.92%
eamon mcgann	18.65%
rye john austin	6.77%
malcolm charles newman	4.66%

Core Technology Systems (U.K.) Limited currently has 4 directors. The longest serving directors include Mr Conor Callanan (May 1992) and Mr Eamon McGann (Jan 2003).

officer	country	age	start	end	role
Mr Conor Callanan	England	59 years	May 1992	-	Director
Mr Eamon McGann	England	54 years	Jan 2003	-	Director
Mr Malcolm Newman	England	66 years	Dec 2006	-	Director
Mr Rye Austin	England	45 years	Nov 2014	-	Director

P&L

December 2023

turnover

7.1m

+16%

operating profit

-692.4k

gross margin

25.3%

-5.23%

turnover

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

Balance Sheet

December 2023

net assets

432.3k

-0.61%

total assets

4.6m

-0.13%

cash

192.7k

-0.63%

net assets

Total assets minus all liabilities

Similar Companies

avantix global it remarketing ltd

monis software limited

iris payroll solutions limited

cognizant technology solutions global services limited

2.5

morpho uk limited

3.5

company number

02502866

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

62090 - Other information technology and computer service activities

incorporation date

May 1990

ultimate parent company

None

previous names

core technology systems uk limited (October 1991)

uniquote limited (June 1990)

address

9th floor 9 appold street, london, EC2A 2AP

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 8 charges/mortgages relating to core technology systems (u.k.) limited. Currently there are 2 open charges and 6 have been satisfied in the past.

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 CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED. This can take several minutes, an email will notify you when this has completed.

core technology systems (u.k.) limited Company Information

core technology systems (u.k.) limited Estimated Valuation

core technology systems (u.k.) limited Estimated Valuation

core technology systems (u.k.) limited Estimated Valuation

Core Technology Systems (u.k.) Limited Overview

Core Technology Systems (u.k.) Limited Health Check

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED financials

core technology systems (u.k.) limited Credit Report and Business Information

Core Technology Systems (u.k.) Limited Competitor Analysis

core technology systems (u.k.) limited Ownership

core technology systems (u.k.) limited directors

core technology systems (u.k.) limited company details

core technology systems (u.k.) limited Charges & Mortgages

core technology systems (u.k.) limited Capital Raised & Share Issues BETA

core technology systems (u.k.) limited Companies House Filings - See Documents