apptechnology limited
apptechnology limited Company Information
Company Number
07384620
Next Accounts
Jul 2025
Shareholders
damon martin sweeney
david robert mays
View AllGroup Structure
View All
Industry
Other software publishing
+1Registered Address
28th floor 30 st mary axe, city of london, london, EC3A 8BF
Website
www.apptechnology.co.ukapptechnology limited Estimated Valuation
Pomanda estimates the enterprise value of APPTECHNOLOGY LIMITED at £1m based on a Turnover of £970.6k and 1.03x industry multiple (adjusted for size and gross margin).
apptechnology limited Estimated Valuation
Pomanda estimates the enterprise value of APPTECHNOLOGY LIMITED at £0 based on an EBITDA of £-103k and a 4.96x industry multiple (adjusted for size and gross margin).
apptechnology limited Estimated Valuation
Pomanda estimates the enterprise value of APPTECHNOLOGY LIMITED at £206.2k based on Net Assets of £91.3k and 2.26x industry multiple (adjusted for liquidity).
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Apptechnology Limited Overview
Apptechnology Limited is a live company located in london, EC3A 8BF with a Companies House number of 07384620. It operates in the other software publishing sector, SIC Code 58290. Founded in September 2010, it's largest shareholder is damon martin sweeney with a 50% stake. Apptechnology Limited is a established, small sized company, Pomanda has estimated its turnover at £970.6k with declining growth in recent years.
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Apptechnology Limited Health Check
Pomanda's financial health check has awarded Apptechnology Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £970.6k, make it smaller than the average company (£3.1m)
- Apptechnology Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.9%)
- Apptechnology Limited
6.9% - Industry AVG
Production
with a gross margin of 60.7%, this company has a comparable cost of product (60.7%)
- Apptechnology Limited
60.7% - Industry AVG
Profitability
an operating margin of -14.2% make it less profitable than the average company (5.2%)
- Apptechnology Limited
5.2% - Industry AVG
Employees
with 5 employees, this is below the industry average (24)
5 - Apptechnology Limited
24 - Industry AVG
Pay Structure
on an average salary of £69.7k, the company has an equivalent pay structure (£69.7k)
- Apptechnology Limited
£69.7k - Industry AVG
Efficiency
resulting in sales per employee of £194.1k, this is more efficient (£138k)
- Apptechnology Limited
£138k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (62 days)
- Apptechnology Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (33 days)
- Apptechnology Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Apptechnology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (16 weeks)
22 weeks - Apptechnology Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.5%, this is a higher level of debt than the average (58.9%)
79.5% - Apptechnology Limited
58.9% - Industry AVG
APPTECHNOLOGY LIMITED financials
Apptechnology Limited's latest turnover from October 2023 is estimated at £970.6 thousand and the company has net assets of £91.3 thousand. According to their latest financial statements, Apptechnology Limited has 5 employees and maintains cash reserves of £103.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 5 | 5 | 5 | 6 | 5 | 5 | 5 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 101,925 | 18,240 | 21,450 | 21,752 | 24,995 | 27,557 | 29,271 | 7,339 | 6,551 | 4,899 | 4,606 | 1,186 | |
| Intangible Assets | |||||||||||||
| Investments & Other | 100 | 100 | 100 | 100 | 100 | ||||||||
| Debtors (Due After 1 year) | 8,564 | 9,227 | 9,227 | 9,227 | 11,787 | 4,861 | |||||||
| Total Fixed Assets | 101,925 | 26,904 | 30,777 | 31,079 | 34,322 | 39,444 | 34,132 | 7,339 | 6,551 | 4,899 | 4,606 | 1,186 | |
| Stock & work in progress | 44,004 | 5,000 | 5,000 | 5,000 | |||||||||
| Trade Debtors | 227,612 | 509,413 | 438,965 | 275,632 | 422,874 | 500,609 | 535,289 | 338,725 | 454,025 | 185,305 | 184,955 | 109,414 | |
| Group Debtors | 13,432 | 13,432 | 12,150 | 10,420 | 9,846 | 37,263 | 37,634 | ||||||
| Misc Debtors | 11,062 | 7,419 | 116,602 | 71,443 | 31,819 | 37,405 | 15,458 | 68,898 | |||||
| Cash | 103,646 | 113,507 | 139,222 | 215,984 | 191,448 | 218,983 | 137,091 | 54,609 | 11,819 | 197,707 | 135,085 | 26,802 | |
| misc current assets | |||||||||||||
| total current assets | 342,320 | 643,771 | 708,221 | 575,209 | 656,561 | 810,847 | 730,101 | 504,866 | 470,844 | 383,012 | 320,040 | 136,216 | |
| total assets | 444,245 | 670,675 | 738,998 | 606,288 | 690,883 | 850,291 | 764,233 | 512,205 | 477,395 | 387,911 | 324,646 | 137,402 | |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 96,761 | 254,578 | 286,845 | 114,698 | 200,042 | 139,594 | 179,254 | 183,438 | 336,271 | 186,660 | 152,106 | 107,497 | |
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | 10,472 | ||||||||||||
| other current liabilities | 135,290 | 189,284 | 192,522 | 229,300 | 194,167 | 320,947 | 229,216 | 163,274 | |||||
| total current liabilities | 242,523 | 443,862 | 479,367 | 343,998 | 394,209 | 460,541 | 408,470 | 346,712 | 336,271 | 186,660 | 152,106 | 107,497 | |
| loans | |||||||||||||
| hp & lease commitments | 84,938 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | 25,500 | 3,500 | 4,000 | 3,000 | 3,915 | 4,228 | 5,561 | 1,468 | 1,310 | 980 | 921 | 237 | |
| total long term liabilities | 110,438 | 3,500 | 4,000 | 3,000 | 3,915 | 4,228 | 5,561 | 1,468 | 1,310 | 980 | 921 | 237 | |
| total liabilities | 352,961 | 447,362 | 483,367 | 346,998 | 398,124 | 464,769 | 414,031 | 348,180 | 337,581 | 187,640 | 153,027 | 107,734 | |
| net assets | 91,284 | 223,313 | 255,631 | 259,290 | 292,759 | 385,522 | 350,202 | 164,025 | 139,814 | 200,271 | 171,619 | 29,668 | |
| total shareholders funds | 91,284 | 223,313 | 255,631 | 259,290 | 292,759 | 385,522 | 350,202 | 164,025 | 139,814 | 200,271 | 171,619 | 29,668 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 34,713 | 5,270 | 4,755 | 3,642 | 3,543 | 3,825 | 11,595 | 3,731 | 2,948 | 4,177 | 1,667 | 396 | |
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | -44,004 | 39,004 | 5,000 | ||||||||||
| Debtors | -300,154 | -39,398 | 209,774 | -105,888 | -85,307 | -33,224 | 147,614 | -8,768 | 268,720 | 350 | 75,541 | 109,414 | |
| Creditors | -157,817 | -32,267 | 172,147 | -85,344 | 60,448 | -39,660 | -4,184 | -152,833 | 149,611 | 34,554 | 44,609 | 107,497 | |
| Accruals and Deferred Income | -53,994 | -3,238 | -36,778 | 35,133 | -126,780 | 91,731 | 65,942 | 163,274 | |||||
| Deferred Taxes & Provisions | 22,000 | -500 | 1,000 | -915 | -313 | -1,333 | 4,093 | 158 | 330 | 59 | 684 | 237 | |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -100 | 100 | |||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | 95,410 | ||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -9,861 | -25,715 | -76,762 | 24,536 | -27,535 | 81,892 | 82,482 | 42,790 | -185,888 | 62,622 | 108,283 | 26,802 | |
| overdraft | |||||||||||||
| change in cash | -9,861 | -25,715 | -76,762 | 24,536 | -27,535 | 81,892 | 82,482 | 42,790 | -185,888 | 62,622 | 108,283 | 26,802 |
apptechnology limited Credit Report and Business Information
Apptechnology Limited Competitor Analysis
Perform a competitor analysis for apptechnology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC3A area or any other competitors across 12 key performance metrics.
apptechnology limited Ownership
APPTECHNOLOGY LIMITED group structure
Apptechnology Limited has no subsidiary companies.
Ultimate parent company
APPTECHNOLOGY LIMITED
07384620
apptechnology limited directors
Apptechnology Limited currently has 4 directors. The longest serving directors include Mr Damon Sweeney (Sep 2010) and Mr David Mays (Jan 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Damon Sweeney | England | 56 years | Sep 2010 | - | Director |
| Mr David Mays | England | 52 years | Jan 2012 | - | Director |
| Mrs Karen Sweeney | England | 61 years | Jan 2012 | - | Director |
| Mrs Donna Mays | England | 54 years | Jan 2012 | - | Director |
P&L
October 2023turnover
970.6k
-47%
operating profit
-137.7k
0%
gross margin
60.8%
+1.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
91.3k
-0.59%
total assets
444.2k
-0.34%
cash
103.6k
-0.09%
net assets
Total assets minus all liabilities
apptechnology limited company details
company number
07384620
Type
Private limited with Share Capital
industry
58290 - Other software publishing
62020 - Computer consultancy activities
incorporation date
September 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
damar consultants limited (June 2011)
accountant
SEXTY & CO
auditor
-
address
28th floor 30 st mary axe, city of london, london, EC3A 8BF
Bank
-
Legal Advisor
-
apptechnology 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 apptechnology limited. Currently there are 0 open charges and 1 have been satisfied in the past.
apptechnology 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.
Click to start generating capital raising & share issue transactions for APPTECHNOLOGY LIMITED. This can take several minutes, an email will notify you when this has completed.
apptechnology limited Companies House Filings - See Documents
| date | description | view/download |
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