42 Technology Limited

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42 technology limited Company Information

Company Number

04341237

Next Accounts

Sep 2025

Directors

Susan Smith

Jon Spratley

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Shareholders

42 technology group limited

Group Structure

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Industry

Other research and experimental development on natural sciences and engineering

Registered Address

5/6 meadow lane, st. ives, PE27 4LG

Website

www.42technology.com

42 technology limited Estimated Valuation

£7.3m

Pomanda estimates the enterprise value of 42 TECHNOLOGY LIMITED at £7.3m based on Net Assets of £3.4m and 2.11x industry multiple (adjusted for liquidity).

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42 Technology Limited is a live company located in st. ives, PE27 4LG with a Companies House number of 04341237. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in December 2001, it's largest shareholder is 42 technology group limited with a 100% stake. 42 Technology Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.9m with high growth in recent years.

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Pomanda's financial health check has awarded 42 Technology Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

6 Strong

3 Regular

3 Weak

Size

annual sales of £4.9m, make it larger than the average company (£2.1m)

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (9.5%)

EXPORT

42 Technology Limited's latest turnover from December 2023 is estimated at £4.9 million and the company has net assets of £3.4 million. According to their latest financial statements, 42 Technology Limited has 62 employees and maintains cash reserves of £2.6 million 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	4,869,814	4,597,934	4,192,171	2,940,885	3,524,357	4,356,829	4,422,225	4,284,141	7,391,156	6,618,569	4,414,178	3,836,214	2,010,239	2,746,610
Other Income Or Grants
Cost Of Sales	2,634,252	2,435,129	2,244,910	1,656,143	1,936,794	2,399,915	2,369,405	2,269,263	3,827,749	3,443,658	2,248,491	1,939,195	1,006,841	1,318,790
Gross Profit	2,235,562	2,162,805	1,947,262	1,284,742	1,587,562	1,956,915	2,052,820	2,014,878	3,563,406	3,174,911	2,165,687	1,897,019	1,003,398	1,427,820
Admin Expenses	1,549,384	1,472,660	1,776,129	4,386,765	1,009,802	1,335,127	1,604,331	1,395,952	2,039,773	2,397,968	1,709,678	1,301,715	979,698	1,104,385	-810,018
Operating Profit	686,178	690,145	171,133	-3,102,023	577,760	621,788	448,489	618,926	1,523,633	776,943	456,009	595,304	23,700	323,435	810,018
Interest Payable	48,938	55,100	42,888	21,958
Interest Receivable	115,427	56,149	4,297	1,728	7,393	4,441	3,916	1,776	2,578	4,987	6,007	3,613	2,748	2,732	1,253
Pre-Tax Profit	752,667	691,194	132,542	-3,122,253	585,153	626,228	452,405	620,703	1,526,211	781,929	462,016	598,917	26,449	326,167	811,271
Tax	-188,167	-131,327	-25,183		-111,179	-118,983	-85,957	-124,140	-305,242	-164,205	-106,264	-143,740	-6,877	-91,327	-227,156
Profit After Tax	564,500	559,867	107,359	-3,122,253	473,974	507,245	366,448	496,562	1,220,969	617,724	355,752	455,177	19,572	234,840	584,115
Dividends Paid
Retained Profit	564,500	559,867	107,359	-3,122,253	473,974	507,245	366,448	496,562	1,220,969	617,724	355,752	455,177	19,572	234,840	584,115
Employee Costs	3,124,732	2,366,356	2,059,488	1,753,947	1,884,107	1,797,679	1,945,909	1,945,079	3,264,679	2,850,527	1,829,904	1,614,669	893,182	1,199,309
Number Of Employees	62	49	45	39	41	39	43	44	75	66	44	39	22	32
EBITDA*	857,128	797,653	241,925	-3,031,246	621,700	626,519	480,410	690,586	1,600,599	839,759	521,838	662,851	76,745	346,598	827,849

* 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	258,966	231,358	123,481	130,540	72,451	28,844	1,906	32,893	82,420	82,152	104,410	155,341	182,859	41,666	14,545
Intangible Assets	2,351	3,291	4,231							49	262	474	687	900	1,112
Investments & Other
Debtors (Due After 1 year)								2,639,687	2,299,214	1,261,300
Total Fixed Assets	261,317	234,649	127,712	130,540	72,451	28,844	1,906	2,672,580	2,381,634	1,343,501	104,672	155,815	183,546	42,566	15,657
Stock & work in progress	578,273	232,833	155,657	104,017	126,166	182,254	135,984	166,212	433,708	266,132	188,116	99,133	110,629	213,445	39,962
Trade Debtors	763,652	1,054,539	1,096,932	575,526	775,417	1,193,309	1,183,396	1,016,911	1,727,122	1,187,498	742,799	694,144	355,072	483,082	323,826
Group Debtors	864,733	664,810	623,377	382,136	3,633,520	3,406,924	2,825,472
Misc Debtors	191,205	347,637	120,309	252,312	72,027	153,332	240,176	92,485	66,697
Cash	2,605,623	1,791,578	1,416,950	2,020,938	1,434,749	536,708	647,492	919,027	501,799	529,426	1,465,195	937,423	507,707	591,581	501,225
misc current assets
total current assets	5,003,486	4,091,397	3,413,225	3,334,929	6,041,879	5,472,527	5,032,520	2,194,635	2,729,326	1,983,056	2,396,110	1,730,700	973,408	1,288,108	865,013
total assets	5,264,803	4,326,046	3,540,937	3,465,469	6,114,330	5,501,371	5,034,426	4,867,215	5,110,960	3,326,557	2,500,782	1,886,515	1,156,954	1,330,674	880,670
Bank overdraft
Bank loan	145,000	145,000	145,000	79,514
Trade Creditors	206,499	105,321	100,993	49,253	77,536	75,324	71,752	109,811	153,727	1,052,493	837,298	566,128	301,025	506,111	296,455
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities	1,190,951	774,384	442,748	466,751	696,451	563,155	611,415	772,593	1,459,394
total current liabilities	1,542,450	1,024,705	688,741	595,518	773,987	638,479	683,167	882,404	1,613,121	1,052,493	837,298	566,128	301,025	506,111	296,455
loans	217,500	362,500	507,500	640,417
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions	62,902	61,390	27,112	19,309	7,865	4,388			9,590	6,784	13,928	26,583	17,302	5,508
total long term liabilities	280,402	423,890	534,612	659,726	7,865	4,388			9,590	6,784	13,928	26,583	17,302	5,508
total liabilities	1,822,852	1,448,595	1,223,353	1,255,244	781,852	642,867	683,167	882,404	1,622,711	1,059,277	851,226	592,711	318,327	511,619	296,455
net assets	3,441,951	2,877,451	2,317,584	2,210,225	5,332,478	4,858,504	4,351,259	3,984,811	3,488,249	2,267,280	1,649,556	1,293,804	838,627	819,055	584,215
total shareholders funds	3,441,951	2,877,451	2,317,584	2,210,225	5,332,478	4,858,504	4,351,259	3,984,811	3,488,249	2,267,280	1,649,556	1,293,804	838,627	819,055	584,215

	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	686,178	690,145	171,133	-3,102,023	577,760	621,788	448,489	618,926	1,523,633	776,943	456,009	595,304	23,700	323,435	810,018
Depreciation	170,010	106,568	70,322	70,777	43,940	4,731	31,921	71,660	76,917	62,603	65,617	67,334	52,832	22,951	17,618
Amortisation	940	940	470						49	213	212	213	213	212	213
Tax	-188,167	-131,327	-25,183		-111,179	-118,983	-85,957	-124,140	-305,242	-164,205	-106,264	-143,740	-6,877	-91,327	-227,156
Stock	345,440	77,176	51,640	-22,149	-56,088	46,270	-30,228	-267,496	167,576	78,016	88,983	-11,496	-102,816	173,483	39,962
Debtors	-247,396	226,368	630,644	-3,270,990	-272,601	504,521	499,961	-343,950	1,644,235	1,705,999	48,655	339,072	-128,010	159,256	323,826
Creditors	101,178	4,328	51,740	-28,283	2,212	3,572	-38,059	-43,916	-898,766	215,195	271,170	265,103	-205,086	209,656	296,455
Accruals and Deferred Income	416,567	331,636	-24,003	-229,700	133,296	-48,260	-161,178	-686,801	1,459,394
Deferred Taxes & Provisions	1,512	34,278	7,803	11,444	3,477	4,388		-9,590	2,806	-7,144	-12,655	9,281	11,794	5,508
Cash flow from operations	1,090,174	733,024	-430,002	15,354	978,195	-83,555	-274,517	437,585	46,980	-900,410	536,451	465,919	107,402	137,696	533,360
Investing Activities
capital expenditure	-197,618	-214,445	-67,964	-128,866	-87,547	-31,669	-934	-22,133	-77,185	-40,345	-14,686	-39,816	-194,025	-50,072	-33,488
Change in Investments
cash flow from investments	-197,618	-214,445	-67,964	-128,866	-87,547	-31,669	-934	-22,133	-77,185	-40,345	-14,686	-39,816	-194,025	-50,072	-33,488
Financing Activities
Bank loans			65,486	79,514
Group/Directors Accounts
Other Short Term Loans
Long term loans	-145,000	-145,000	-132,917	640,417
Hire Purchase and Lease Commitments
other long term liabilities
share issue															100
interest	66,489	1,049	-38,591	-20,230	7,393	4,441	3,916	1,776	2,578	4,987	6,007	3,613	2,748	2,732	1,253
cash flow from financing	-78,511	-143,951	-106,022	699,701	7,393	4,441	3,916	1,776	2,578	4,987	6,007	3,613	2,748	2,732	1,353
cash and cash equivalents
cash	814,045	374,628	-603,988	586,189	898,041	-110,784	-271,535	417,228	-27,627	-935,769	527,772	429,716	-83,874	90,356	501,225
overdraft
change in cash	814,045	374,628	-603,988	586,189	898,041	-110,784	-271,535	417,228	-27,627	-935,769	527,772	429,716	-83,874	90,356	501,225

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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42 TECHNOLOGY LIMITED group structure

42 Technology Limited has 1 subsidiary company.

Ultimate parent company

42 TECHNOLOGY GROUP LIMITED

12347253

1 parent

42 TECHNOLOGY LIMITED

04341237

1 subsidiary

42 TECHNOLOGY HOLDINGS LIMITED

09106591

42 TECHNOLOGY LIMITED Shareholders

42 technology group limited

100%

42 Technology Limited currently has 7 directors. The longest serving directors include Mrs Susan Smith (Jan 2014) and Dr Jon Spratley (Jan 2014).

officer	country	age	start	end	role
Mrs Susan Smith	England	55 years	Jan 2014	-	Director
Dr Jon Spratley	United Kingdom	44 years	Jan 2014	-	Director
Dr Christopher Floyd	United Kingdom	70 years	Jan 2020	-	Director
Mr Alan MacKay	England	41 years	Jul 2022	-	Director
Dr Christine Harvey	England	66 years	Nov 2022	-	Director
Dr Peter Brown	England	50 years	Dec 2024	-	Director
Mr John Lawes	England	55 years	Mar 2025	-	Director

P&L

December 2023

turnover

4.9m

+6%

operating profit

686.2k

gross margin

46%

-2.41%

turnover

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

Balance Sheet

December 2023

net assets

3.4m

+0.2%

total assets

5.3m

+0.22%

cash

2.6m

+0.45%

net assets

Total assets minus all liabilities

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company number

04341237

Type

Private limited with Share Capital

industry

72190 - Other research and experimental development on natural sciences and engineering

74901 - Environmental consulting activities

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

incorporation date

December 2001

ultimate parent company

42 TECHNOLOGY GROUP LIMITED

previous names

litton technology limited (May 2002)

address

5/6 meadow lane, st. ives, PE27 4LG

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 42 technology limited. Currently there are 1 open charges and 1 have been satisfied in the past.

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42 technology limited Company Information

42 technology limited Estimated Valuation

42 technology limited Estimated Valuation

42 technology limited Estimated Valuation

42 Technology Limited Overview

42 Technology Limited Health Check

42 TECHNOLOGY LIMITED financials

42 technology limited Credit Report and Business Information

42 Technology Limited Competitor Analysis

42 technology limited Ownership

42 technology limited directors

42 technology limited company details

42 technology limited Charges & Mortgages

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42 technology limited Companies House Filings - See Documents