aptem ltd
aptem ltd Company Information
Company Number
06824227
Next Accounts
Jan 2026
Shareholders
richard daniel alberg
julie alberg
View AllGroup Structure
View All
Industry
Other software publishing
Registered Address
3 harmood grove, london, NW1 8DH
Website
www.mwstechnology.comaptem ltd Estimated Valuation
Pomanda estimates the enterprise value of APTEM LTD at £12.3m based on a Turnover of £7m and 1.76x industry multiple (adjusted for size and gross margin).
aptem ltd Estimated Valuation
Pomanda estimates the enterprise value of APTEM LTD at £7.3m based on an EBITDA of £1.1m and a 6.96x industry multiple (adjusted for size and gross margin).
aptem ltd Estimated Valuation
Pomanda estimates the enterprise value of APTEM LTD at £18.9m based on Net Assets of £8.5m and 2.24x industry multiple (adjusted for liquidity).
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Aptem Ltd Overview
Aptem Ltd is a live company located in london, NW1 8DH with a Companies House number of 06824227. It operates in the other software publishing sector, SIC Code 58290. Founded in February 2009, it's largest shareholder is richard daniel alberg with a 20.9% stake. Aptem Ltd is a established, mid sized company, Pomanda has estimated its turnover at £7m with high growth in recent years.
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Aptem Ltd Health Check
Pomanda's financial health check has awarded Aptem Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £7m, make it in line with the average company (£6.7m)
£7m - Aptem Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9.6%)
- Aptem Ltd
9.6% - Industry AVG
Production
with a gross margin of 91.1%, this company has a lower cost of product (70.4%)
91.1% - Aptem Ltd
70.4% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (4.5%)
-0.8% - Aptem Ltd
4.5% - Industry AVG
Employees
with 80 employees, this is above the industry average (50)
80 - Aptem Ltd
50 - Industry AVG
Pay Structure
on an average salary of £49.3k, the company has a lower pay structure (£87.4k)
£49.3k - Aptem Ltd
£87.4k - Industry AVG
Efficiency
resulting in sales per employee of £86.9k, this is less efficient (£166.3k)
£86.9k - Aptem Ltd
£166.3k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (56 days)
62 days - Aptem Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (30 days)
113 days - Aptem Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aptem Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (15 weeks)
48 weeks - Aptem Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.3%, this is a lower level of debt than the average (53.8%)
38.3% - Aptem Ltd
53.8% - Industry AVG
APTEM LTD financials
Aptem Ltd's latest turnover from April 2024 is £7 million and the company has net assets of £8.5 million. According to their latest financial statements, Aptem Ltd has 80 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,955,878 | 5,977,949 | 1,812,713 | 752,693 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 620,961 | 725,265 | |||||||||||||
| Gross Profit | 6,334,917 | 5,252,684 | |||||||||||||
| Admin Expenses | 6,391,589 | 5,809,809 | |||||||||||||
| Operating Profit | -56,672 | -557,125 | 316,455 | 363,112 | |||||||||||
| Interest Payable | 314,931 | 297,513 | 3,848 | 17,393 | |||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -371,603 | -854,638 | 320,707 | 345,719 | |||||||||||
| Tax | -52,405 | -391,047 | -15,301 | ||||||||||||
| Profit After Tax | -424,008 | -1,245,685 | 305,406 | 345,719 | |||||||||||
| Dividends Paid | 135,000 | ||||||||||||||
| Retained Profit | -424,008 | -1,245,685 | 170,406 | 345,719 | |||||||||||
| Employee Costs | 3,947,238 | 3,703,829 | 576,540 | 71,333 | |||||||||||
| Number Of Employees | 80 | 65 | 49 | 33 | 24 | 21 | 12 | 14 | 13 | 9 | |||||
| EBITDA* | 1,054,706 | 352,893 | 569,520 | 364,390 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 78,218 | 99,758 | 150,875 | 29,753 | 21,130 | 27,316 | 9,258 | 4,028 | 1,390 | 4,074 | 4,699 | 2,317 | 9,395 | 18,554 | 10,499 |
| Intangible Assets | 9,760,463 | 7,605,618 | 2,253,301 | 1,216,913 | 830,795 | 659,065 | 664,850 | 673,640 | 678,229 | 366,415 | 173,595 | 191,512 | 292,124 | 398,004 | 217,453 |
| Investments & Other | 54 | 54 | 54 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 9,838,681 | 7,705,376 | 2,404,176 | 1,246,666 | 851,925 | 686,381 | 674,108 | 677,722 | 679,673 | 370,543 | 178,294 | 193,829 | 301,519 | 416,558 | 227,952 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,193,684 | 1,031,971 | 1,018,541 | 726,306 | 439,884 | 232,597 | 116,074 | 87,648 | 216,715 | 189,776 | 71,574 | 130,060 | 181,235 | 23,038 | 263,584 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 763,248 | 1,047,538 | 1,081,962 | 544,590 | 365,129 | 318,305 | 423,695 | 155,515 | 203,920 | 33,696 | 7,217 | ||||
| Cash | 1,902,500 | 1,682,693 | 1,129,491 | 670,288 | 1,297,160 | 875,166 | 759,470 | 47,179 | 33,366 | 105,582 | 141,394 | 32,886 | 30,792 | 109,893 | 191,719 |
| misc current assets | 55,399 | ||||||||||||||
| total current assets | 3,859,432 | 3,762,202 | 3,229,994 | 1,941,184 | 2,102,173 | 1,426,068 | 1,299,239 | 290,342 | 454,001 | 295,358 | 212,968 | 162,946 | 212,027 | 222,026 | 462,520 |
| total assets | 13,698,113 | 11,467,578 | 5,634,170 | 3,187,850 | 2,954,098 | 2,112,449 | 1,973,347 | 968,064 | 1,133,674 | 665,901 | 391,262 | 356,775 | 513,546 | 638,584 | 690,472 |
| Bank overdraft | 6,328 | 9,761 | 318,495 | ||||||||||||
| Bank loan | 375,229 | 5,850 | |||||||||||||
| Trade Creditors | 193,621 | 191,430 | 319,816 | 188,194 | 163,798 | 167,094 | 613,548 | 367,655 | 126,833 | 182,864 | 118,505 | 138,251 | 98,243 | 93,115 | 50,290 |
| Group/Directors Accounts | 204,953 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,478,749 | 944,648 | 971,394 | 710,285 | 299,627 | 214,034 | 200,023 | 355,098 | 214,862 | 20,289 | 88,510 | ||||
| total current liabilities | 2,047,599 | 1,141,928 | 1,297,538 | 908,240 | 781,920 | 381,128 | 813,571 | 722,753 | 341,695 | 182,864 | 118,505 | 138,251 | 98,243 | 113,404 | 343,753 |
| loans | 1,663,689 | 1,538,915 | 1,690,563 | 1,595,762 | 650,114 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 73,386 | 73,835 | 65,098 | 147,869 | 1,300,930 | 1,225,177 | 707,824 | 579,213 | 560,989 | 469,339 | |||||
| provisions | 1,457,715 | 1,004,894 | 8,055 | 8,055 | 8,055 | 8,055 | 8,055 | 8,055 | 8,055 | ||||||
| total long term liabilities | 3,194,790 | 2,617,644 | 1,690,563 | 1,595,762 | 650,114 | 65,098 | 147,869 | 1,308,985 | 1,233,232 | 715,879 | 587,268 | 569,044 | 477,394 | 8,055 | |
| total liabilities | 5,242,389 | 3,759,572 | 2,988,101 | 2,504,002 | 1,432,034 | 446,226 | 961,440 | 2,031,738 | 1,574,927 | 898,743 | 705,773 | 707,295 | 575,637 | 121,459 | 343,753 |
| net assets | 8,455,724 | 7,708,006 | 2,646,069 | 683,848 | 1,522,064 | 1,666,223 | 1,011,907 | -1,063,674 | -441,253 | -232,842 | -314,511 | -350,520 | -62,091 | 517,125 | 346,719 |
| total shareholders funds | 8,455,724 | 7,708,006 | 2,646,069 | 683,848 | 1,522,064 | 1,666,223 | 1,011,907 | -1,063,674 | -441,253 | -232,842 | -314,511 | -350,520 | -62,091 | 517,125 | 346,719 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -56,672 | -557,125 | 316,455 | 363,112 | |||||||||||
| Depreciation | 39,037 | 49,025 | 47,358 | 23,818 | 17,953 | 8,284 | 3,701 | 1,659 | 4,435 | 5,962 | 2,104 | 7,078 | 9,159 | 7,647 | 1,278 |
| Amortisation | 1,072,341 | 860,993 | 1,478,572 | 900,050 | 754,751 | 680,286 | 739,064 | 627,887 | 398,382 | 210,642 | 186,316 | 267,578 | 369,981 | 245,418 | |
| Tax | -52,405 | -391,047 | -15,301 | ||||||||||||
| Stock | |||||||||||||||
| Debtors | -122,577 | -20,994 | 829,607 | 465,883 | 254,111 | 11,133 | 296,606 | -177,472 | 230,859 | 118,202 | -58,486 | -51,175 | 124,501 | -214,067 | 270,801 |
| Creditors | 2,191 | -128,386 | 131,622 | 24,396 | -3,296 | -446,454 | 245,893 | 240,822 | -56,031 | 64,359 | -19,746 | 40,008 | 5,128 | 42,825 | 50,290 |
| Accruals and Deferred Income | 534,101 | -26,746 | 261,109 | 410,658 | 85,593 | 14,011 | -155,075 | 140,236 | 214,862 | -20,289 | -68,221 | 88,510 | |||
| Deferred Taxes & Provisions | 452,821 | 1,004,894 | -8,055 | 8,055 | |||||||||||
| Cash flow from operations | 2,113,991 | 832,602 | 750,945 | 232,389 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -54 | 54 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 369,379 | 5,850 | |||||||||||||
| Group/Directors Accounts | -204,953 | 204,953 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 124,774 | -151,648 | 94,801 | 945,648 | 650,114 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -449 | 73,835 | -65,098 | -82,771 | -1,153,061 | 75,753 | 517,353 | 128,611 | 18,224 | 91,650 | 469,339 | ||||
| share issue | |||||||||||||||
| interest | -314,931 | -297,513 | -3,848 | -17,393 | |||||||||||
| cash flow from financing | 1,350,499 | 5,938,146 | -208,801 | 188,560 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 219,807 | 553,202 | 459,203 | -626,872 | 421,994 | 115,696 | 712,291 | 13,813 | -72,216 | -35,812 | 108,508 | 2,094 | -79,101 | -81,826 | 191,719 |
| overdraft | -6,328 | -3,433 | -308,734 | 318,495 | |||||||||||
| change in cash | 219,807 | 559,530 | 462,636 | -318,138 | 103,499 | 115,696 | 712,291 | 13,813 | -72,216 | -35,812 | 108,508 | 2,094 | -79,101 | -81,826 | 191,719 |
aptem ltd Credit Report and Business Information
Aptem Ltd Competitor Analysis
Perform a competitor analysis for aptem ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in NW1 area or any other competitors across 12 key performance metrics.
aptem ltd Ownership
APTEM LTD group structure
Aptem Ltd has no subsidiary companies.
Ultimate parent company
APTEM LTD
06824227
aptem ltd directors
Aptem Ltd currently has 4 directors. The longest serving directors include Mr Richard Alberg (Feb 2009) and Mr Dayrell Gallwey (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Alberg | United Kingdom | 60 years | Feb 2009 | - | Director |
| Mr Dayrell Gallwey | England | 52 years | Apr 2018 | - | Director |
| Mr Michael Jackson | 74 years | May 2018 | - | Director | |
| Mr Christopher Bell | United Kingdom | 51 years | Sep 2021 | - | Director |
P&L
April 2024turnover
7m
+16%
operating profit
-56.7k
-90%
gross margin
91.1%
+3.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
8.5m
+0.1%
total assets
13.7m
+0.19%
cash
1.9m
+0.13%
net assets
Total assets minus all liabilities
Similar Companies
aptem ltd company details
company number
06824227
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
February 2009
age
16
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
mws technology ltd (October 2022)
myworksearch limited (January 2016)
accountant
-
auditor
NYMAN LIBSON PAUL LLP
address
3 harmood grove, london, NW1 8DH
Bank
-
Legal Advisor
-
aptem 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 found 5 charges/mortgages relating to aptem ltd. Currently there are 2 open charges and 3 have been satisfied in the past.
aptem 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.
Click to start generating capital raising & share issue transactions for APTEM LTD. This can take several minutes, an email will notify you when this has completed.
aptem ltd Companies House Filings - See Documents
| date | description | view/download |
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