asset control technology limited
asset control technology limited Company Information
Company Number
03545596
Next Accounts
99 days late
Shareholders
asset control topco limited
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
32 cornhill, london, EC3V 3SG
Website
www.asset-control.comasset control technology limited Estimated Valuation
Pomanda estimates the enterprise value of ASSET CONTROL TECHNOLOGY LIMITED at £7.5m based on a Turnover of £11.4m and 0.66x industry multiple (adjusted for size and gross margin).
asset control technology limited Estimated Valuation
Pomanda estimates the enterprise value of ASSET CONTROL TECHNOLOGY LIMITED at £12m based on an EBITDA of £2.6m and a 4.63x industry multiple (adjusted for size and gross margin).
asset control technology limited Estimated Valuation
Pomanda estimates the enterprise value of ASSET CONTROL TECHNOLOGY LIMITED at £23.1m based on Net Assets of £10.1m and 2.29x industry multiple (adjusted for liquidity).
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Asset Control Technology Limited Overview
Asset Control Technology Limited is a live company located in london, EC3V 3SG with a Companies House number of 03545596. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 1998, it's largest shareholder is asset control topco limited with a 100% stake. Asset Control Technology Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.4m with unknown growth in recent years.
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Asset Control Technology Limited Health Check
Pomanda's financial health check has awarded Asset Control Technology 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
1 Regular
2 Weak
Size
annual sales of £11.4m, make it larger than the average company (£1.3m)
£11.4m - Asset Control Technology Limited
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Asset Control Technology Limited
- - Industry AVG
Production
with a gross margin of 25.3%, this company has a higher cost of product (47.3%)
25.3% - Asset Control Technology Limited
47.3% - Industry AVG
Profitability
an operating margin of 19% make it more profitable than the average company (6.9%)
19% - Asset Control Technology Limited
6.9% - Industry AVG
Employees
with 39 employees, this is above the industry average (12)
39 - Asset Control Technology Limited
12 - Industry AVG
Pay Structure
on an average salary of £56.4k, the company has an equivalent pay structure (£56.1k)
£56.4k - Asset Control Technology Limited
£56.1k - Industry AVG
Efficiency
resulting in sales per employee of £292.8k, this is more efficient (£125.8k)
£292.8k - Asset Control Technology Limited
£125.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Asset Control Technology Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (31 days)
5 days - Asset Control Technology Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Asset Control Technology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 79 weeks, this is more cash available to meet short term requirements (19 weeks)
79 weeks - Asset Control Technology Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.9%, this is a lower level of debt than the average (57.6%)
9.9% - Asset Control Technology Limited
57.6% - Industry AVG
ASSET CONTROL TECHNOLOGY LIMITED financials
Asset Control Technology Limited's latest turnover from March 2023 is £11.4 million and the company has net assets of £10.1 million. According to their latest financial statements, Asset Control Technology Limited has 39 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,420,282 | 11,629,663 | 19,075,054 | 17,452,328 | 14,038,254 | 15,577,054 | ||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 16,263,055 | 13,092,651 | 14,016,077 | |||||||||||
| Gross Profit | 1,189,273 | 945,603 | 1,560,977 | |||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 2,164,455 | 1,534,069 | 1,626,970 | 1,189,273 | 945,603 | 1,560,977 | ||||||||
| Interest Payable | 2,987 | 4,491 | ||||||||||||
| Interest Receivable | 21,724 | 49,494 | 40,454 | 29,166 | 29,577 | 36,574 | ||||||||
| Pre-Tax Profit | 2,186,179 | 1,580,576 | 1,667,424 | 1,213,948 | 975,180 | 1,597,551 | ||||||||
| Tax | -52,483 | -70,250 | 287,235 | -254,502 | -180,000 | -347,495 | ||||||||
| Profit After Tax | 2,133,696 | 1,510,326 | 1,954,659 | 959,446 | 795,180 | 1,250,056 | ||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | 2,133,696 | 1,510,326 | 1,954,659 | 959,446 | 795,180 | 1,250,056 | ||||||||
| Employee Costs | 2,200,808 | 2,766,824 | 3,802,423 | 2,230,699 | 3,035,971 | 2,643,980 | 2,412,502 | |||||||
| Number Of Employees | 39 | 42 | 37 | 25 | 22 | 21 | 19 | 17 | 17 | |||||
| EBITDA* | 2,594,729 | 1,652,687 | 1,686,705 | 1,210,591 | 958,964 | 1,570,766 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 56,271 | 77,947 | 119,968 | 83,060 | 35,863 | 31,266 | 14,317 | 10,676 | 3,872 | 3,961 | 18,478 | 85,106 | 104,447 | 97,800 |
| Intangible Assets | 4,971,809 | 3,918,957 | 2,637,227 | |||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | 379,758 | 835,264 | 770,977 | |||||||||||
| Total Fixed Assets | 5,028,080 | 3,996,904 | 2,757,195 | 83,060 | 415,621 | 866,530 | 785,294 | 10,676 | 3,872 | 3,961 | 18,478 | 85,106 | 104,447 | 97,800 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 1,973,313 | 2,215,930 | 3,064,781 | 26,552 | 13,304 | 409,605 | 805,597 | 1,212,810 | 1,581,870 | 958,125 | ||||
| Group Debtors | 4,128,451 | 4,115,891 | 6,035,591 | 6,439,763 | 3,264,732 | 2,666,848 | 1,049,750 | 1,258,831 | 271,806 | |||||
| Misc Debtors | 386,784 | 543,499 | 287,209 | 309,042 | 477,159 | 141,958 | 131,715 | 151,167 | 128,805 | |||||
| Cash | 1,692,088 | 588,611 | 365,073 | 31,791 | 2,100,090 | 721,284 | 162,049 | 23,021 | 20,529 | 25,594 | 7,863 | |||
| misc current assets | ||||||||||||||
| total current assets | 6,207,323 | 5,248,001 | 6,687,873 | 8,753,909 | 8,057,911 | 6,594,871 | 1,370,066 | 1,446,323 | 421,140 | 435,199 | 813,460 | 1,212,810 | 1,581,870 | 958,125 |
| total assets | 11,235,403 | 9,244,905 | 9,445,068 | 8,836,969 | 8,473,532 | 7,461,401 | 2,155,360 | 1,456,999 | 425,012 | 439,160 | 831,938 | 1,297,916 | 1,686,317 | 1,055,925 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 117,943 | 139,186 | 241,170 | 110,781 | 39,390 | 46,948 | 48,821 | 74,523 | 92,436 | 381,155 | 641,314 | 1,147,227 | 1,382,543 | 810,593 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 992,667 | 1,114,622 | 2,723,127 | 4,200,076 | 4,867,476 | 4,642,967 | 585,109 | 487,173 | 255,428 | |||||
| total current liabilities | 1,110,610 | 1,253,808 | 2,964,297 | 4,310,857 | 4,906,866 | 4,689,915 | 633,930 | 561,696 | 347,864 | 381,155 | 641,314 | 1,147,227 | 1,382,543 | 810,593 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 1,110,610 | 1,253,808 | 2,964,297 | 4,310,857 | 4,906,866 | 4,689,915 | 633,930 | 561,696 | 347,864 | 381,155 | 641,314 | 1,147,227 | 1,382,543 | 810,593 |
| net assets | 10,124,793 | 7,991,097 | 6,480,771 | 4,526,112 | 3,566,666 | 2,771,486 | 1,521,430 | 895,303 | 77,148 | 58,005 | 190,624 | 150,689 | 303,774 | 245,332 |
| total shareholders funds | 10,124,793 | 7,991,097 | 6,480,771 | 4,526,112 | 3,566,666 | 2,771,486 | 1,521,430 | 895,303 | 77,148 | 58,005 | 190,624 | 150,689 | 303,774 | 245,332 |
| Mar 2023 | Mar 2022 | Mar 2021 | 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 | 2,164,455 | 1,534,069 | 1,626,970 | 1,189,273 | 945,603 | 1,560,977 | ||||||||
| Depreciation | 54,518 | 65,360 | 59,735 | 21,318 | 13,361 | 9,789 | 6,248 | 3,126 | 5,786 | 14,517 | 66,628 | 27,302 | 22,000 | 19,261 |
| Amortisation | 375,756 | 53,258 | ||||||||||||
| Tax | -52,483 | -70,250 | 287,235 | -254,502 | -180,000 | -347,495 | ||||||||
| Stock | ||||||||||||||
| Debtors | -144,155 | -1,663,410 | 6,322,800 | 2,384,539 | -371,272 | 4,729,857 | 555,692 | 1,022,691 | -8,994 | -395,992 | -407,213 | -369,060 | 623,745 | 958,125 |
| Creditors | -21,243 | -101,984 | 241,170 | 71,391 | -7,558 | -1,873 | -25,702 | -17,913 | -288,719 | -260,159 | -505,913 | -235,316 | 571,950 | 810,593 |
| Accruals and Deferred Income | -121,955 | -1,608,505 | 2,723,127 | -667,400 | 224,509 | 4,057,858 | 97,936 | 231,745 | 255,428 | |||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | 2,543,203 | 1,535,358 | -1,384,563 | -2,024,459 | 1,367,187 | 549,399 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 21,724 | 46,507 | 40,454 | 24,675 | 29,577 | 36,574 | ||||||||
| cash flow from financing | 21,724 | 46,507 | 4,566,566 | 24,675 | 29,577 | 36,574 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,103,477 | 223,538 | 365,073 | -2,068,299 | 1,378,806 | 559,235 | 139,028 | 2,492 | -5,065 | 17,731 | 7,863 | |||
| overdraft | ||||||||||||||
| change in cash | 1,103,477 | 223,538 | 365,073 | -2,068,299 | 1,378,806 | 559,235 | 139,028 | 2,492 | -5,065 | 17,731 | 7,863 |
asset control technology limited Credit Report and Business Information
Asset Control Technology Limited Competitor Analysis
Perform a competitor analysis for asset control technology 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.
asset control technology limited Ownership
ASSET CONTROL TECHNOLOGY LIMITED group structure
Asset Control Technology Limited has no subsidiary companies.
Ultimate parent company
ASSET CONTROL HOLDINGS II BV
#0083850
2 parents
ASSET CONTROL TECHNOLOGY LIMITED
03545596
asset control technology limited directors
Asset Control Technology Limited currently has 4 directors. The longest serving directors include Mr Mark Hepsworth (Sep 2018) and Mr Neil Duffy (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Hepsworth | England | 65 years | Sep 2018 | - | Director |
| Mr Neil Duffy | United Kingdom | 59 years | Jan 2020 | - | Director |
| Mr Stephen Henkenmeier | United Kingdom | 55 years | Jan 2023 | - | Director |
| Mr David Yates | United Kingdom | 39 years | Feb 2025 | - | Director |
P&L
March 2023turnover
11.4m
-2%
operating profit
2.2m
+41%
gross margin
25.3%
-3.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
10.1m
+0.27%
total assets
11.2m
+0.22%
cash
1.7m
+1.87%
net assets
Total assets minus all liabilities
asset control technology limited company details
company number
03545596
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
April 1998
age
27
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
32 cornhill, london, EC3V 3SG
Bank
-
Legal Advisor
-
asset control technology 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 6 charges/mortgages relating to asset control technology limited. Currently there are 2 open charges and 4 have been satisfied in the past.
asset control technology 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.
Click to start generating capital raising & share issue transactions for ASSET CONTROL TECHNOLOGY LIMITED. This can take several minutes, an email will notify you when this has completed.
asset control technology limited Companies House Filings - See Documents
| date | description | view/download |
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