Acrelec Uk Limited

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acrelec uk limited Company Information

Live

EstablishedMidRapid

Company Number

07210638

Next Accounts

Dec 2025

Industry

Other software publishing

Other information technology and computer service activities

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Directors

Jalel Souissi

Jacques Mangeot

Shareholders

aksor sas

Group Structure

View All

Contact

Registered Address

east wing, focus 31 mark road, hemel hempstead, hertfordshire, HP2 7BW

Website

http://www.acrelec.com

acrelec uk limited Estimated Valuation

£19.2m

Pomanda estimates the enterprise value of ACRELEC UK LIMITED at £19.2m based on a Turnover of £17.8m and 1.08x industry multiple (adjusted for size and gross margin).

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Acrelec Uk Limited is a live company located in hertfordshire, HP2 7BW with a Companies House number of 07210638. It operates in the other software publishing sector, SIC Code 58290. Founded in March 2010, it's largest shareholder is aksor sas with a 100% stake. Acrelec Uk Limited is a established, mid sized company, Pomanda has estimated its turnover at £17.8m with rapid growth in recent years.

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Pomanda's financial health check has awarded Acrelec Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

5 Strong

2 Regular

5 Weak

Size

annual sales of £17.8m, make it larger than the average company (£5m)

Growth

3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (8.9%)

EXPORT

Acrelec Uk Limited's latest turnover from March 2024 is £17.8 million and the company has net assets of £1.6 million. According to their latest financial statements, Acrelec Uk Limited has 48 employees and maintains cash reserves of £310.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	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
Turnover	17,818,832	10,288,578	7,674,020	7,124,688	8,945,473	9,624,840	5,317,398	3,916,548	3,453,982	4,420,807	2,075,663	845,815	1,411,156	1,915,669
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	10,459,335	4,439,087	4,713,882	4,325,322	5,343,108	4,140,756	2,200,168	1,554,057	1,429,496	1,795,780	1,083,332	464,149	568,332	743,098
Gross Profit	7,359,497	5,849,491	2,960,138	2,799,366	3,602,365	5,484,084	3,117,230	2,362,491	2,024,486	2,625,026	992,331	381,666	842,824	1,172,571
Admin Expenses	5,909,069	6,280,720	3,259,584	2,939,226	2,630,856	4,594,639	4,014,171	2,371,213	2,118,328	1,955,819	868,682	542,428	978,330	1,210,033
Operating Profit	1,450,428	-431,229	-299,446	-139,860	971,509	889,445	-896,941	-8,722	-93,842	669,207	123,649	-160,762	-135,506	-37,462
Interest Payable	32,956	0	0	0	0	0	0	0	0	0	13,090	9,558	0	0
Interest Receivable	39,900	18,367	0	0	1,310	2,916	3,888	1,759	1,534	1,585	0	0	92	30
Pre-Tax Profit	1,857,372	-412,862	-299,446	-139,860	972,819	892,360	-893,053	-6,963	-92,308	670,791	110,559	-170,320	-135,414	-37,432
Tax	-421,716	0	23,362	26,555	-134,026	-169,548	0	0	0	-140,866	0	0	0	0
Profit After Tax	1,435,656	-412,862	-276,084	-113,305	838,793	722,812	-893,053	-6,963	-92,308	529,925	110,559	-170,320	-135,414	-37,432
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	1,435,656	-412,862	-276,084	-113,305	838,793	722,812	-893,053	-6,963	-92,308	529,925	110,559	-170,320	-135,414	-37,432
Employee Costs	3,539,684	2,979,061	2,081,757	2,290,533	2,090,983	1,615,960	1,150,791	1,132,764	1,459,709	1,929,266	906,980	388,200	604,065	803,827
Number Of Employees	48	43	32	37	34	26	19	19	25	33	16	7	11	15
EBITDA*	1,496,098	-166,584	-198,162	-103,465	1,003,589	916,732	-871,859	33,603	-83,976	675,548	128,373	-155,748	-130,500	-35,674

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	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
Tangible Assets	74,944	1,045,212	584,196	108,009	123,742	138,764	137,404	119,244	17,626	29,669	10,459	9,365	14,655	18,186
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	1,508,688	1,505,440	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	925,359	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	2,508,991	2,550,652	584,196	108,009	123,742	138,764	137,404	119,244	17,626	29,669	10,459	9,365	14,655	18,186
Stock & work in progress	1,700,297	2,188,945	1,721,570	1,043,243	1,158,783	777,131	167,402	445,955	243,414	156,632	77,247	21,304	28,739	0
Trade Debtors	2,953,497	2,346,139	1,433,735	751,978	1,414,280	2,597,241	1,460,163	815,547	598,157	740,789	541,330	158,433	223,509	319,506
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	27,204	0	0
Misc Debtors	920,921	253,758	234,151	166,947	123,065	105,699	311,450	36,047	13,884	0	52,219	22,633	0	0
Cash	310,118	604,859	444,675	613,955	630,236	579,421	198,050	1,357,055	50,080	563,371	70,441	58,531	24,844	11,955
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	5,884,833	5,393,701	3,834,131	2,576,123	3,326,364	4,059,492	2,137,065	2,654,604	905,535	1,460,792	741,237	288,105	277,092	331,461
total assets	8,393,824	7,944,353	4,418,327	2,684,132	3,450,106	4,198,256	2,274,469	2,773,848	923,161	1,490,461	751,696	297,470	291,747	349,647
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	221,596	330,233	307,456	109,098	1,244,194	3,387,082	1,256,979	1,094,613	281,985	1,183,141	268,758	166,659	454,593	377,079
Group/Directors Accounts	3,599,714	3,834,877	2,354,242	441,308	0	0	0	885,107	322,024	0	514,757	423,693	0	0
other short term finances	281,810	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	2,073,437	1,929,990	1,158,420	1,349,908	1,305,800	747,001	1,702,494	586,079	104,140	0	190,786	40,282	0	0
total current liabilities	6,176,557	6,095,100	3,820,118	1,900,314	2,549,994	4,134,083	2,959,473	2,565,799	708,149	1,183,141	974,301	630,634	454,593	377,079
loans	590,880	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	1,569,958	0	0	0	0	0	0	0	0	0	0	0	0
provisions	8,517	45,873	110,997	20,522	23,511	26,365	0	0	0	0	0	0	0	0
total long term liabilities	599,397	1,615,831	110,997	20,522	23,511	26,365	0	0	0	0	0	0	0	0
total liabilities	6,775,954	7,710,931	3,931,115	1,920,836	2,573,505	4,160,448	2,959,473	2,565,799	708,149	1,183,141	974,301	630,634	454,593	377,079
net assets	1,617,870	233,422	487,212	763,296	876,601	37,808	-685,004	208,049	215,012	307,320	-222,605	-333,164	-162,846	-27,432
total shareholders funds	1,617,870	233,422	487,212	763,296	876,601	37,808	-685,004	208,049	215,012	307,320	-222,605	-333,164	-162,846	-27,432

	Mar 2024	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
Operating Activities
Operating Profit	1,450,428	-431,229	-299,446	-139,860	971,509	889,445	-896,941	-8,722	-93,842	669,207	123,649	-160,762	-135,506	-37,462
Depreciation	45,670	264,645	101,284	36,395	32,080	27,287	25,082	42,325	9,866	6,341	4,724	5,014	5,006	1,788
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-421,716	0	23,362	26,555	-134,026	-169,548	0	0	0	-140,866	0	0	0	0
Stock	1,700,297	467,375	678,327	-115,540	381,652	609,729	-278,553	202,541	86,782	79,385	55,943	-7,435	28,739	0
Debtors	4,799,777	932,011	748,961	-618,420	-1,165,595	931,327	920,019	239,553	-128,748	147,240	385,279	-15,239	-95,997	319,506
Creditors	221,596	22,777	198,358	-1,135,096	-2,142,888	2,130,103	162,366	812,628	-901,156	914,383	102,099	-287,934	77,514	377,079
Accruals and Deferred Income	2,073,437	771,570	-191,488	44,108	558,799	-955,493	1,116,415	481,939	104,140	-190,786	150,504	40,282	0	0
Deferred Taxes & Provisions	8,517	-65,124	90,475	-2,989	-2,854	26,365	0	0	0	0	0	0	0	0
Cash flow from operations	-3,122,142	-836,747	-1,504,743	-436,927	66,563	407,103	-234,544	886,076	-839,026	1,031,654	-60,246	-380,726	14,272	21,899
Investing Activities
capital expenditure	-120,614	-725,661	-577,471	-20,662	-17,058	-28,647	-43,242	-143,943	2,177	-25,551	-5,818	276	-1,475	-19,974
Change in Investments	1,508,688	1,505,440	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-1,629,302	-2,231,101	-577,471	-20,662	-17,058	-28,647	-43,242	-143,943	2,177	-25,551	-5,818	276	-1,475	-19,974
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	3,599,714	1,480,635	1,912,934	441,308	0	0	-885,107	563,083	322,024	-514,757	91,064	423,693	0	0
Other Short Term Loans	281,810	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	590,880	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	1,569,958	0	0	0	0	0	0	0	0	0	0	0	0
share issue	182,214	159,072	0	0	0	0	0	0	0	0	0	2	0	10,000
interest	6,944	18,367	0	0	1,310	2,916	3,888	1,759	1,534	1,585	-13,090	-9,558	92	30
cash flow from financing	4,661,562	3,228,032	1,912,934	441,308	1,310	2,916	-881,219	564,842	323,558	-513,172	77,974	414,137	92	10,030
cash and cash equivalents
cash	310,118	160,184	-169,280	-16,281	50,815	381,371	-1,159,005	1,306,975	-513,291	492,930	11,910	33,687	12,889	11,955
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	310,118	160,184	-169,280	-16,281	50,815	381,371	-1,159,005	1,306,975	-513,291	492,930	11,910	33,687	12,889	11,955

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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ACRELEC UK LIMITED group structure

Acrelec Uk Limited has 1 subsidiary company.

Ultimate parent company

AKSOR SAS

#0083458

1 parent

ACRELEC UK LIMITED

07210638

1 subsidiary

ODEMA LIMITED

05609919

ACRELEC UK LIMITED Shareholders

aksor sas

100%

Acrelec Uk Limited currently has 2 directors. The longest serving directors include Jalel Souissi (Mar 2010) and Mr Jacques Mangeot (Mar 2010).

officer	country	age	start	end	role
Jalel Souissi	United Kingdom	66 years	Mar 2010	-	Director
Mr Jacques Mangeot	England	65 years	Mar 2010	-	Director

P&L

March 2024

turnover

17.8m

operating profit

1.5m

gross margin

41.4%

turnover

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

Balance Sheet

March 2024

net assets

1.6m

total assets

8.4m

cash

310.1k

net assets

Total assets minus all liabilities

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company number

07210638

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

58290 - Other software publishing

62090 - Other information technology and computer service activities

incorporation date

March 2010

ultimate parent company

AKSOR SAS

previous names

mdis helpdesk services limited (August 2013)

address

east wing, focus 31 mark road, hemel hempstead, hertfordshire, HP2 7BW

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 acrelec uk limited. Currently there are 2 open charges and 0 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.

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acrelec uk limited Company Information

acrelec uk limited Estimated Valuation

acrelec uk limited Estimated Valuation

acrelec uk limited Estimated Valuation

Acrelec Uk Limited Overview

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ACRELEC UK LIMITED financials

acrelec uk limited Credit Report and Business Information

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acrelec uk limited Companies House Filings - See Documents