Altitec Limited

POWER SEARCH PRICING

SOLUTIONS

altitec limited Company Information

Company Number

04277364

Next Accounts

43 days late

Directors

Thomas Dyffort

Andrew Sampson

Shareholders

thomas dyffort

andrew sampson

View All

Group Structure

View All

Industry

Engineering related scientific and technical consulting activities

Registered Address

christopher & co chartered, accountant 51a anson road, london, N7 0AR

Website

www.altitec.co.uk

altitec limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of ALTITEC LIMITED at £3.2m based on Net Assets of £1.3m and 2.5x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Altitec Limited is a live company located in london, N7 0AR with a Companies House number of 04277364. It operates in the repair of other equipment sector, SIC Code 33190. Founded in August 2001, it's largest shareholder is thomas dyffort with a 76.7% stake. Altitec Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Altitec Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

3 Regular

6 Weak

Size

annual sales of £2.6m, make it smaller than the average company (£4.3m)

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (4.8%)

EXPORT

Altitec Limited's latest turnover from April 2023 is estimated at £2.6 million and the company has net assets of £1.3 million. According to their latest financial statements, Altitec Limited has 20 employees and maintains cash reserves of £984.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Turnover	2,562,201	1,215,317	2,912,406	1,370,093	2,117,427	1,940,324	1,584,427	1,551,029	788,212	833,114	322,742	169,381	125,890	111,261
Other Income Or Grants
Cost Of Sales	1,984,489	937,736	2,329,466	1,060,067	1,622,279	1,482,429	1,182,438	1,155,452	594,011	611,115	243,864	125,641	90,867	82,163
Gross Profit	577,712	277,581	582,940	310,025	495,148	457,895	401,989	395,577	194,201	221,999	78,878	43,739	35,022	29,099
Admin Expenses	766,095	36,121	173,859	155,334	664,681	163,974	-106,310	209,301	412,695	145,558	-249,848	8,842	17,142	21,106
Operating Profit	-188,383	241,460	409,081	154,691	-169,533	293,921	508,299	186,276	-218,494	76,441	328,726	34,897	17,880	7,993
Interest Payable	32,672	46,828	22,875	1,908	2,272	1,239	2,949	1,983
Interest Receivable	52,563	8,794	511	102	673	996	511	1,039	1,331	1,829	1,354	206	40	32
Pre-Tax Profit	-168,492	203,426	386,717	152,885	-171,131	293,679	505,860	185,331	-217,163	78,270	330,080	35,103	17,919	8,025
Tax		-38,651	-73,476	-29,048		-55,799	-96,113	-37,066		-18,002	-79,219	-9,127	-5,017	-2,247
Profit After Tax	-168,492	164,775	313,241	123,837	-171,131	237,880	409,747	148,265	-217,163	60,268	250,861	25,976	12,902	5,778
Dividends Paid
Retained Profit	-168,492	164,775	313,241	123,837	-171,131	237,880	409,747	148,265	-217,163	60,268	250,861	25,976	12,902	5,778
Employee Costs	920,635	715,406	634,302	624,734	641,349	545,362	327,700	328,967	163,444	198,034	78,774	38,111	36,899	37,697
Number Of Employees	20	16	15	15	15	13	8	8	4	5	2	1	1	1
EBITDA*	-61,530	399,672	554,406	304,428	-66,819	356,675	529,854	205,359	-193,713	95,762	348,661	52,479	23,986	10,161

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Tangible Assets	254,967	294,988	391,192	391,403	494,504	245,134	236,074	79,546	49,022	80,730	59,801	52,750	18,316	6,503
Intangible Assets	456	4,691	19,840	31,193	17,138
Investments & Other	23,056	22,065	22,065	22,065	22,065	22,065	21,981	21,981	21,981	20,696
Debtors (Due After 1 year)
Total Fixed Assets	278,479	321,744	433,097	444,661	533,707	267,199	258,055	101,527	71,003	101,426	59,801	52,750	18,316	6,503
Stock & work in progress	423,783	313,354	328,041	154,171	206,035	394,276	236,906
Trade Debtors	899,939	381,489	1,386,962	515,672	852,294	828,780	696,810	354,868	208,535	221,878	33,581	27,439	33,571	24,702
Group Debtors
Misc Debtors		149,413	121,456	151,612	213,356	200,598	181,509	788,081
Cash	984,593	1,488,940	856,198	166,470	37,328	142,262	256,260	152,362	263,093	269,124	462,653	79,102	3,190	12,673
misc current assets
total current assets	2,308,315	2,333,196	2,692,657	987,925	1,309,013	1,565,916	1,371,485	1,295,311	471,628	491,002	496,234	106,541	36,761	37,375
total assets	2,586,794	2,654,940	3,125,754	1,432,586	1,842,720	1,833,115	1,629,540	1,396,838	542,631	592,428	556,035	159,291	55,077	43,878
Bank overdraft		112,500			62,548	4,760	28,489	27,584
Bank loan
Trade Creditors	927,196	305,014	678,190	235,353	622,183	400,893	490,763	624,139	281,758	221,310	247,132	104,484	36,277	37,980
Group/Directors Accounts					39,748	37,063
other short term finances
hp & lease commitments		8,308	27,504	45,191	30,640	34,349	32,484	7,407
other current liabilities		202,618	312,926	104,917	163,596	220,372	210,792	388,913
total current liabilities	927,196	628,440	1,018,620	385,461	918,715	697,437	762,528	1,048,043	281,758	221,310	247,132	104,484	36,277	37,980
loans		525,000	750,000				4,861	33,442
hp & lease commitments		17,820	24,328	40,216	50,250	79,031	117,929	12,974
Accruals and Deferred Income
other liabilities	348,425								113,018
provisions	32,095	36,110	50,011	44,131	34,814	46,575	47,029	15,372	9,113	15,213	13,266	10,031
total long term liabilities	380,520	578,930	824,339	84,347	85,064	125,606	169,819	61,788	122,131	15,213	13,266	10,031
total liabilities	1,307,716	1,207,370	1,842,959	469,808	1,003,779	823,043	932,347	1,109,831	403,889	236,523	260,398	114,515	36,277	37,980
net assets	1,279,078	1,447,570	1,282,795	962,778	838,941	1,010,072	697,193	287,007	138,742	355,905	295,637	44,776	18,800	5,898
total shareholders funds	1,279,078	1,447,570	1,282,795	962,778	838,941	1,010,072	697,193	287,007	138,742	355,905	295,637	44,776	18,800	5,898

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Feb 2014	Feb 2013	Feb 2012	Feb 2011	Feb 2010
Operating Activities
Operating Profit	-188,383	241,460	409,081	154,691	-169,533	293,921	508,299	186,276	-218,494	76,441	328,726	34,897	17,880	7,993
Depreciation	122,618	143,063	129,546	138,218	102,588	62,754	21,555	19,083	24,781	19,321	19,935	17,582	6,106	2,168
Amortisation	4,235	15,149	15,779	11,519	126
Tax		-38,651	-73,476	-29,048		-55,799	-96,113	-37,066		-18,002	-79,219	-9,127	-5,017	-2,247
Stock	110,429	-14,687	173,870	-51,864	-188,241	157,370	236,906
Debtors	369,037	-977,516	841,134	-398,366	36,272	151,059	-264,630	934,414	-13,343	188,297	6,142	-6,132	8,869	24,702
Creditors	622,182	-373,176	442,837	-386,830	221,290	-89,870	-133,376	342,381	60,448	-25,822	142,648	68,207	-1,703	37,980
Accruals and Deferred Income	-202,618	-110,308	208,009	-58,679	-56,776	9,580	-178,121	388,913
Deferred Taxes & Provisions	-4,015	-13,901	5,880	9,317	-11,761	-454	31,657	6,259	-6,100	1,947	3,235	10,031
Cash flow from operations	-125,447	855,839	122,652	289,418	237,903	-88,297	181,625	-28,568	-126,022	-134,412	409,183	127,722	8,397	21,192
Investing Activities
capital expenditure	-82,597	-46,859	-133,761	-60,691	-369,222	-71,814	-178,083	-49,607	6,927	-40,250	-26,986	-52,016	-17,919	-8,671
Change in Investments	991					84			1,285	20,696
cash flow from investments	-83,588	-46,859	-133,761	-60,691	-369,222	-71,898	-178,083	-49,607	5,642	-60,946	-26,986	-52,016	-17,919	-8,671
Financing Activities
Bank loans
Group/Directors Accounts				-39,748	2,685	37,063
Other Short Term Loans
Long term loans	-525,000	-225,000	750,000			-4,861	-28,581	33,442
Hire Purchase and Lease Commitments	-26,128	-25,704	-33,575	4,517	-32,490	-37,033	130,032	20,381
other long term liabilities	348,425							-113,018	113,018
share issue			6,776			74,999	439							120
interest	19,891	-38,034	-22,364	-1,806	-1,599	-243	-2,438	-944	1,331	1,829	1,354	206	40	32
cash flow from financing	-182,812	-288,738	700,837	-37,037	-31,404	69,925	99,452	-60,139	114,349	1,829	1,354	206	40	152
cash and cash equivalents
cash	-504,347	632,742	689,728	129,142	-104,934	-113,998	103,898	-110,731	-6,031	-193,529	383,551	75,912	-9,483	12,673
overdraft	-112,500	112,500		-62,548	57,788	-23,729	905	27,584
change in cash	-391,847	520,242	689,728	191,690	-162,722	-90,269	102,993	-138,315	-6,031	-193,529	383,551	75,912	-9,483	12,673

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for altitec limited. Get real-time insights into altitec 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 altitec limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in N 7 area or any other competitors across 12 key performance metrics.

ALTITEC LIMITED group structure

Altitec Limited has 2 subsidiary companies.

Ultimate parent company

ALTITEC LIMITED

04277364

2 subsidiaries

BLADETUUL LIMITED

13454975

BLADE CAREERS LIMITED

13423933

ALTITEC LIMITED Shareholders

thomas dyffort	76.65%
andrew sampson	9.75%
kertu idol	9.75%
jose narciso lozano	3.85%

Altitec Limited currently has 2 directors. The longest serving directors include Mr Thomas Dyffort (Aug 2001) and Mr Andrew Sampson (Dec 2020).

officer	country	age	start	end	role
Mr Thomas Dyffort	Germany	57 years	Aug 2001	-	Director
Mr Andrew Sampson	United Kingdom	43 years	Dec 2020	-	Director

P&L

April 2023

turnover

2.6m

+111%

operating profit

-188.4k

gross margin

22.6%

-1.28%

turnover

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

Balance Sheet

April 2023

net assets

1.3m

-0.12%

total assets

2.6m

-0.03%

cash

984.6k

-0.34%

net assets

Total assets minus all liabilities

Similar Companies

taylor dolman limited

4.5

le support limited

2.5

aeye technologies ltd

salus (building control & fire safety consultants) limited

silt (uk) limited

company number

04277364

Type

Private limited with Share Capital

industry

71122 - Engineering related scientific and technical consulting activities

33190 - Repair of other equipment

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

August 2001

ultimate parent company

None

previous names

nawrocki alpin uk limited (November 2009)

address

christopher & co chartered, accountant 51a anson road, london, N7 0AR

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 2 charges/mortgages relating to altitec limited. Currently there are 0 open charges and 2 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 ALTITEC LIMITED. This can take several minutes, an email will notify you when this has completed.

altitec limited Company Information

altitec limited Estimated Valuation

altitec limited Estimated Valuation

altitec limited Estimated Valuation

Altitec Limited Overview

Altitec Limited Health Check

ALTITEC LIMITED financials

altitec limited Credit Report and Business Information

Altitec Limited Competitor Analysis

altitec limited Ownership

altitec limited directors

altitec limited company details

altitec limited Charges & Mortgages

altitec limited Capital Raised & Share Issues BETA

altitec limited Companies House Filings - See Documents