avoka europe limited
avoka europe limited Company Information
Company Number
07226904
Next Accounts
Sep 2025
Industry
Computer consultancy activities
Shareholders
avoka technologies pty ltd
Group Structure
View All
Contact
Registered Address
71 fenchurch street, london, greater london, EC3M 4TD
Website
www.avoka.comavoka europe limited Estimated Valuation
Pomanda estimates the enterprise value of AVOKA EUROPE LIMITED at £1.1m based on a Turnover of £2.4m and 0.44x industry multiple (adjusted for size and gross margin).
avoka europe limited Estimated Valuation
Pomanda estimates the enterprise value of AVOKA EUROPE LIMITED at £440.9k based on an EBITDA of £143k and a 3.08x industry multiple (adjusted for size and gross margin).
avoka europe limited Estimated Valuation
Pomanda estimates the enterprise value of AVOKA EUROPE LIMITED at £9.8m based on Net Assets of £4.3m and 2.29x industry multiple (adjusted for liquidity).
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Avoka Europe Limited Overview
Avoka Europe Limited is a live company located in greater london, EC3M 4TD with a Companies House number of 07226904. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2010, it's largest shareholder is avoka technologies pty ltd with a 100% stake. Avoka Europe Limited is a established, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.
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Avoka Europe Limited Health Check
Pomanda's financial health check has awarded Avoka Europe Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£3.2m)
£2.4m - Avoka Europe Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (8.6%)
-29% - Avoka Europe Limited
8.6% - Industry AVG
Production
with a gross margin of 9.9%, this company has a higher cost of product (45.5%)
9.9% - Avoka Europe Limited
45.5% - Industry AVG
Profitability
an operating margin of 6% make it as profitable than the average company (6%)
6% - Avoka Europe Limited
6% - Industry AVG
Employees
with 17 employees, this is below the industry average (23)
- Avoka Europe Limited
23 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Avoka Europe Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £139.4k, this is equally as efficient (£140k)
- Avoka Europe Limited
£140k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is earlier than average (61 days)
42 days - Avoka Europe Limited
61 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Avoka Europe Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Avoka Europe Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (16 weeks)
1 weeks - Avoka Europe Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.3%, this is a lower level of debt than the average (58.5%)
26.3% - Avoka Europe Limited
58.5% - Industry AVG
AVOKA EUROPE LIMITED financials
Avoka Europe Limited's latest turnover from December 2023 is £2.4 million and the company has net assets of £4.3 million. According to their latest financial statements, we estimate that Avoka Europe Limited has 17 employees and maintains cash reserves of £36 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,369,000 | 4,487,000 | 4,649,000 | 6,757,000 | 10,605,000 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 2,134,000 | 4,108,000 | 3,917,000 | 4,904,000 | 3,683,000 | ||||||||
| Gross Profit | 235,000 | 379,000 | 732,000 | 1,853,000 | 6,922,000 | ||||||||
| Admin Expenses | 92,000 | 81,000 | 128,000 | 1,149,000 | 6,385,000 | ||||||||
| Operating Profit | 143,000 | 298,000 | 604,000 | 704,000 | 537,000 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 9,000 | ||||||||
| Interest Receivable | 370,000 | 86,000 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | 513,000 | 384,000 | 604,000 | 704,000 | 528,000 | ||||||||
| Tax | -125,000 | -391,000 | -9,000 | -121,000 | -99,000 | ||||||||
| Profit After Tax | 388,000 | -7,000 | 595,000 | 583,000 | 429,000 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | 388,000 | -7,000 | 595,000 | 583,000 | 429,000 | ||||||||
| Employee Costs | 0 | 0 | 0 | 0 | 4,995,000 | ||||||||
| Number Of Employees | 50 | 42 | 24 | 9 | |||||||||
| EBITDA* | 143,000 | 299,000 | 607,000 | 712,000 | 580,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 1,000 | 4,000 | 12,000 | 31,368 | 21,716 | 6,059 | 3,203 | 4,679 | 2,835 | 3,266 | 2,216 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 1,000 | 4,000 | 12,000 | 31,368 | 21,716 | 6,059 | 3,203 | 4,679 | 2,835 | 3,266 | 2,216 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 88,025 | 143,639 | 204,644 | 8,866 | 14,316 | 0 | 0 | 0 |
| Trade Debtors | 274,000 | 296,000 | 310,000 | 273,000 | 837,000 | 3,371,957 | 1,253,324 | 0 | 326,969 | 62,601 | 381,769 | 76,271 | 13,884 |
| Group Debtors | 5,288,000 | 6,260,000 | 5,290,000 | 9,916,000 | 15,193,000 | 1,035,966 | 348,128 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 218,000 | 165,000 | 507,000 | 404,000 | 166,000 | 54,536 | 578,338 | 1,760,610 | 0 | 0 | 0 | 0 | 0 |
| Cash | 36,000 | 274,000 | 43,000 | 197,000 | 455,000 | 758,114 | 527,161 | 472,399 | 210,703 | 129,990 | 110,745 | 1,371 | 100,148 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,816,000 | 6,995,000 | 6,150,000 | 10,790,000 | 16,651,000 | 5,308,598 | 2,850,590 | 2,437,653 | 546,538 | 206,907 | 492,514 | 77,642 | 114,032 |
| total assets | 5,816,000 | 6,995,000 | 6,151,000 | 10,794,000 | 16,663,000 | 5,339,966 | 2,872,306 | 2,443,712 | 549,741 | 211,586 | 495,349 | 80,908 | 116,248 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 27,000 | 45,000 | 50,000 | 195,000 | 393,717 | 204,783 | 94,221 | 614,778 | 203,431 | 512,087 | 148,025 | 92,707 |
| Group/Directors Accounts | 313,000 | 623,000 | 500,000 | 2,903,000 | 10,977,000 | 897,434 | 0 | 433,956 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 1,216,000 | 2,446,000 | 1,700,000 | 4,530,000 | 2,763,000 | 3,682,237 | 2,384,829 | 1,698,936 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,529,000 | 3,096,000 | 2,245,000 | 7,483,000 | 13,935,000 | 4,973,388 | 2,589,612 | 2,227,113 | 614,778 | 203,431 | 512,087 | 148,025 | 92,707 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 5,960 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 5,960 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,529,000 | 3,096,000 | 2,245,000 | 7,483,000 | 13,935,000 | 4,979,348 | 2,589,612 | 2,227,113 | 614,778 | 203,431 | 512,087 | 148,025 | 92,707 |
| net assets | 4,287,000 | 3,899,000 | 3,906,000 | 3,311,000 | 2,728,000 | 360,618 | 282,694 | 216,599 | -65,037 | 8,155 | -16,738 | -67,117 | 23,541 |
| total shareholders funds | 4,287,000 | 3,899,000 | 3,906,000 | 3,311,000 | 2,728,000 | 360,618 | 282,694 | 216,599 | -65,037 | 8,155 | -16,738 | -67,117 | 23,541 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 143,000 | 298,000 | 604,000 | 704,000 | 537,000 | ||||||||
| Depreciation | 0 | 1,000 | 3,000 | 8,000 | 43,000 | 12,467 | 6,593 | 1,639 | 2,325 | 1,973 | 2,140 | 1,741 | 1,307 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -125,000 | -391,000 | -9,000 | -121,000 | -99,000 | ||||||||
| Stock | 0 | 0 | 0 | 0 | -88,025 | -55,614 | -61,005 | 195,778 | -5,450 | 14,316 | 0 | 0 | 0 |
| Debtors | -941,000 | 614,000 | -4,486,000 | -5,603,000 | 11,733,541 | 2,282,669 | 419,180 | 1,433,641 | 264,368 | -319,168 | 305,498 | 62,387 | 13,884 |
| Creditors | -27,000 | -18,000 | -5,000 | -145,000 | -198,717 | 188,934 | 110,562 | -520,557 | 411,347 | -308,656 | 364,062 | 55,318 | 92,707 |
| Accruals and Deferred Income | -1,230,000 | 746,000 | -2,830,000 | 1,767,000 | -919,237 | 1,297,408 | 685,893 | 1,698,936 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -5,960 | 5,960 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -298,000 | 22,000 | 2,249,000 | 7,816,000 | -12,288,430 | ||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -310,000 | 123,000 | -2,403,000 | -8,074,000 | 10,079,566 | 897,434 | -433,956 | 433,956 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 370,000 | 86,000 | 0 | 0 | -9,000 | ||||||||
| cash flow from financing | 60,000 | 209,000 | -2,403,000 | -8,074,000 | 12,008,948 | ||||||||
| cash and cash equivalents | |||||||||||||
| cash | -238,000 | 231,000 | -154,000 | -258,000 | -303,114 | 230,953 | 54,762 | 261,696 | 80,713 | 19,245 | 109,374 | -98,777 | 100,148 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -238,000 | 231,000 | -154,000 | -258,000 | -303,114 | 230,953 | 54,762 | 261,696 | 80,713 | 19,245 | 109,374 | -98,777 | 100,148 |
avoka europe limited Credit Report and Business Information
Avoka Europe Limited Competitor Analysis
Perform a competitor analysis for avoka europe limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC3M area or any other competitors across 12 key performance metrics.
avoka europe limited Ownership
AVOKA EUROPE LIMITED group structure
Avoka Europe Limited has no subsidiary companies.
Ultimate parent company
TEMENOS AG
#0040449
AVOKA TECHNOLOGIES PTY LTD
#0084122
2 parents
AVOKA EUROPE LIMITED
07226904
avoka europe limited directors
Avoka Europe Limited currently has 4 directors. The longest serving directors include Mr Nicholas Michael (Mar 2020) and Ms Jayde Tipper (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Michael | 46 years | Mar 2020 | - | Director | |
| Ms Jayde Tipper | 42 years | Sep 2021 | - | Director | |
| Mr Gregg Cain | 47 years | Apr 2022 | - | Director | |
| Mr Mark Yamin-Ali | 52 years | Aug 2024 | - | Director |
P&L
December 2023turnover
2.4m
-47%
operating profit
143k
-52%
gross margin
10%
+17.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.3m
+0.1%
total assets
5.8m
-0.17%
cash
36k
-0.87%
net assets
Total assets minus all liabilities
avoka europe limited company details
company number
07226904
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
April 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
71 fenchurch street, london, greater london, EC3M 4TD
Bank
-
Legal Advisor
-
avoka europe limited 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 1 charges/mortgages relating to avoka europe limited. Currently there are 0 open charges and 1 have been satisfied in the past.
avoka europe limited 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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avoka europe limited Companies House Filings - See Documents
| date | description | view/download |
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