66 seymour grove, old trafford, manchester, M16 0LN
Website
-
altec network solutions ltdEstimated Valuation
£43.1k
Pomanda estimates the enterprise value of ALTEC NETWORK SOLUTIONS LTD at £43.1k based on a Turnover of £78.9k and 0.55x industry multiple (adjusted for size and gross margin).
altec network solutions ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ALTEC NETWORK SOLUTIONS LTD at £0 based on an EBITDA of £-9k and a 3.73x industry multiple (adjusted for size and gross margin).
altec network solutions ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ALTEC NETWORK SOLUTIONS LTD at £0 based on Net Assets of £-47.7k and 2.21x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Altec Network Solutions LtdOverview
Altec Network Solutions Ltd is a live company located in manchester, M16 0LN with a Companies House number of 06288014. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in June 2007, it's largest shareholder is
adnan ali
with a 100% stake. Altec Network Solutions Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£78.9k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Altec Network Solutions Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
6 Weak
Size
annual sales of £78.9k, make it smaller than the average company (£1.9m)
£78.9k - Altec Network Solutions Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7%)
12% - Altec Network Solutions Ltd
7% - Industry AVG
Production
with a gross margin of 28.6%, this company has a higher cost of product (47.2%)
28.6% - Altec Network Solutions Ltd
47.2% - Industry AVG
Profitability
an operating margin of -11.5% make it less profitable than the average company (7.1%)
-11.5% - Altec Network Solutions Ltd
7.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - Altec Network Solutions Ltd
15 - Industry AVG
Pay Structure
on an average salary of £55.3k, the company has an equivalent pay structure (£55.3k)
£55.3k - Altec Network Solutions Ltd
£55.3k - Industry AVG
Efficiency
resulting in sales per employee of £78.9k, this is less efficient (£143.5k)
£78.9k - Altec Network Solutions Ltd
£143.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Altec Network Solutions Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 124 days, this is slower than average (32 days)
124 days - Altec Network Solutions Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Altec Network Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Altec Network Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 696.7%, this is a higher level of debt than the average (58.9%)
696.7% - Altec Network Solutions Ltd
58.9% - Industry AVG
ALTEC NETWORK SOLUTIONS LTD financials
EXPORT
Altec Network Solutions Ltd's latest turnover from June 2023 is estimated at £78.9 thousand and the company has net assets of -£47.7 thousand. According to their latest financial statements, Altec Network Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
78,882
31,470
106,788
56,360
51,643
25,523
22,376
6,688
11,171
10,628
15,815
14,998
7,605
31,061
Other Income Or Grants
Cost Of Sales
56,329
22,292
76,249
39,882
37,313
18,312
16,019
4,652
8,309
7,754
11,304
10,266
5,089
19,784
Gross Profit
22,553
9,178
30,539
16,478
14,330
7,211
6,357
2,036
2,862
2,874
4,510
4,733
2,516
11,276
Admin Expenses
31,597
41,090
41,329
11,261
6,050
7,368
-4,128
1,932
500
11,619
157
4,334
7,194
18,774
Operating Profit
-9,044
-31,912
-10,790
5,217
8,280
-157
10,485
104
2,362
-8,745
4,353
399
-4,678
-7,498
Interest Payable
Interest Receivable
2
11
19
11
2
Pre-Tax Profit
-9,044
-31,912
-10,790
5,217
8,280
-157
10,485
104
2,364
-8,734
4,373
411
-4,676
-7,498
Tax
-991
-1,573
-1,992
-21
-473
-1,006
-99
Profit After Tax
-9,044
-31,912
-10,790
4,226
6,707
-157
8,493
83
1,891
-8,734
3,367
312
-4,676
-7,498
Dividends Paid
Retained Profit
-9,044
-31,912
-10,790
4,226
6,707
-157
8,493
83
1,891
-8,734
3,367
312
-4,676
-7,498
Employee Costs
55,276
50,533
47,549
44,607
47,430
50,529
48,888
52,104
52,153
49,860
45,978
44,815
45,012
39,743
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
-9,044
-31,912
-10,790
5,217
8,280
-157
10,485
104
2,362
-4,632
8,464
4,735
-2,949
-6,042
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
8,000
15,000
1,123
5,236
9,347
1,408
2,048
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
8,000
15,000
1,123
5,236
9,347
1,408
2,048
Stock & work in progress
Trade Debtors
1,256
47,665
20,156
15,587
9,943
8,723
1,407
1,963
1,397
3,277
2,275
1,397
7,454
Group Debtors
Misc Debtors
Cash
622
3,937
3,798
727
189
misc current assets
total current assets
1,256
47,665
20,156
15,587
9,943
8,723
1,407
1,963
2,019
7,214
6,073
2,124
7,643
total assets
8,000
16,256
47,665
20,156
15,587
9,943
8,723
1,407
1,963
3,142
12,450
15,420
3,532
9,691
Bank overdraft
Bank loan
Trade Creditors
19,241
11,992
11,861
5,562
5,241
6,304
4,927
6,104
8,918
11,745
10,151
14,312
6,528
5,835
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
19,241
11,992
11,861
5,562
5,241
6,304
4,927
6,104
8,918
11,745
10,151
14,312
6,528
5,835
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
36,491
42,952
42,580
10,580
10,558
10,558
10,558
8,383
8,526
10,694
12,870
9,078
11,254
provisions
total long term liabilities
36,491
42,952
42,580
10,580
10,558
10,558
10,558
10,558
8,383
8,526
10,694
12,870
9,078
11,254
total liabilities
55,732
54,944
54,441
16,142
15,799
16,862
15,485
16,662
17,301
20,271
20,845
27,182
15,606
17,089
net assets
-47,732
-38,688
-6,776
4,014
-212
-6,919
-6,762
-15,255
-15,338
-17,129
-8,395
-11,762
-12,074
-7,398
total shareholders funds
-47,732
-38,688
-6,776
4,014
-212
-6,919
-6,762
-15,255
-15,338
-17,129
-8,395
-11,762
-12,074
-7,398
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
-9,044
-31,912
-10,790
5,217
8,280
-157
10,485
104
2,362
-8,745
4,353
399
-4,678
-7,498
Depreciation
4,113
4,111
4,336
1,729
1,456
Amortisation
Tax
-991
-1,573
-1,992
-21
-473
-1,006
-99
Stock
Debtors
-1,256
-46,409
27,509
4,569
5,644
1,220
7,316
-556
566
-1,880
1,002
878
-6,057
7,454
Creditors
7,249
131
6,299
321
-1,063
1,377
-1,177
-2,814
-2,827
1,594
-4,161
7,784
693
5,835
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-539
14,628
-32,000
-22
-2,175
-1,504
-1,158
2,295
11,542
3,801
-7,661
Investing Activities
capital expenditure
7,000
-15,000
1,123
-12,275
-1,089
-3,504
Change in Investments
cash flow from investments
7,000
-15,000
1,123
-12,275
-1,089
-3,504
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-6,461
372
32,000
10,580
-10,558
2,175
-143
-2,168
-2,176
3,792
-2,176
11,254
share issue
-100
100
interest
2
11
19
11
2
cash flow from financing
-6,461
372
32,000
10,580
-10,558
2,175
-241
-2,157
-2,157
3,803
-2,174
11,354
cash and cash equivalents
cash
-622
-3,315
139
3,071
538
189
overdraft
change in cash
-622
-3,315
139
3,071
538
189
altec network solutions ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for altec network solutions ltd. Get real-time insights into altec network solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for altec network solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in M16 area or any other competitors across 12 key performance metrics.
altec network solutions ltd Ownership
ALTEC NETWORK SOLUTIONS LTD group structure
Altec Network Solutions Ltd has no subsidiary companies.
Ultimate parent company
ALTEC NETWORK SOLUTIONS LTD
06288014
ALTEC NETWORK SOLUTIONS LTD Shareholders
The sole shareholder of Altec Network Solutions Ltd is Adnan Ali.
adnan ali
100%
altec network solutions ltd directors
Altec Network Solutions Ltd currently has 1 director, Mr Adnan Ali serving since Jun 2013.
66 seymour grove, old trafford, manchester, M16 0LN
Bank
-
Legal Advisor
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altec network solutions ltd 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 did not find charges/mortgages relating to altec network solutions ltd.
altec network solutions ltd 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.
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altec network solutions ltdCompanies House Filings - See Documents
