c24 technologies limited
c24 technologies limited Company Information
Company Number
07465649
Next Accounts
Sep 2025
Shareholders
gresham technologies plc
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
aldermary house, 10-15 queen street, london, EC4N 1TX
Website
www.c24.bizc24 technologies limited Estimated Valuation
Pomanda estimates the enterprise value of C24 TECHNOLOGIES LIMITED at £1.5m based on a Turnover of £1.5m and 1.01x industry multiple (adjusted for size and gross margin).
c24 technologies limited Estimated Valuation
Pomanda estimates the enterprise value of C24 TECHNOLOGIES LIMITED at £14.3m based on an EBITDA of £1.9m and a 7.4x industry multiple (adjusted for size and gross margin).
c24 technologies limited Estimated Valuation
Pomanda estimates the enterprise value of C24 TECHNOLOGIES LIMITED at £19.7m based on Net Assets of £9.2m and 2.13x industry multiple (adjusted for liquidity).
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C24 Technologies Limited Overview
C24 Technologies Limited is a live company located in london, EC4N 1TX with a Companies House number of 07465649. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2010, it's largest shareholder is gresham technologies plc with a 100% stake. C24 Technologies Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with low growth in recent years.
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C24 Technologies Limited Health Check
Pomanda's financial health check has awarded C24 Technologies Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
4 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£4.8m)
£1.5m - C24 Technologies Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.7%)
3% - C24 Technologies Limited
6.7% - Industry AVG
Production
with a gross margin of 99.1%, this company has a lower cost of product (38.3%)
99.1% - C24 Technologies Limited
38.3% - Industry AVG
Profitability
an operating margin of 127.7% make it more profitable than the average company (5.7%)
127.7% - C24 Technologies Limited
5.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (27)
- C24 Technologies Limited
27 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- C24 Technologies Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £376.8k, this is more efficient (£171.3k)
- C24 Technologies Limited
£171.3k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (42 days)
4 days - C24 Technologies Limited
42 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - C24 Technologies Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - C24 Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (22 weeks)
4 weeks - C24 Technologies Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.6%, this is a lower level of debt than the average (62.5%)
12.6% - C24 Technologies Limited
62.5% - Industry AVG
C24 TECHNOLOGIES LIMITED financials
C24 Technologies Limited's latest turnover from December 2023 is £1.5 million and the company has net assets of £9.2 million. According to their latest financial statements, we estimate that C24 Technologies Limited has 4 employees and maintains cash reserves of £118 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,507,000 | 1,255,000 | 1,263,000 | 1,394,000 | 1,603,000 | 1,239,000 | 1,298,000 | 902,000 | 1,973,000 | 540,178 | 528,962 | 318,576 | |
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 14,000 | 16,000 | 15,000 | 16,000 | 10,000 | 9,000 | 10,000 | 29,000 | 274,000 | 132,859 | 58,710 | ||
| Gross Profit | 1,493,000 | 1,239,000 | 1,248,000 | 1,378,000 | 1,593,000 | 1,230,000 | 1,288,000 | 873,000 | 1,699,000 | 407,319 | 470,252 | 318,576 | |
| Admin Expenses | 25,000 | 98,000 | 1,255,000 | 1,469,000 | 782,160 | 845,137 | 345,709 | ||||||
| Operating Profit | 1,205,000 | 1,190,000 | -382,000 | 230,000 | -374,841 | -374,885 | -27,133 | ||||||
| Interest Payable | 22,000 | 53,000 | 9,239 | 18,500 | 5,000 | ||||||||
| Interest Receivable | 62,000 | 3,000 | |||||||||||
| Pre-Tax Profit | 1,449,000 | 1,256,000 | 1,228,000 | 1,377,000 | 1,576,000 | 1,267,000 | 1,154,000 | -404,000 | 698,000 | -384,080 | -393,385 | -32,133 | |
| Tax | 12,000 | -3,000 | -1,000 | -8,000 | -148,000 | -138,000 | 185,000 | 99,000 | |||||
| Profit After Tax | 1,449,000 | 1,268,000 | 1,225,000 | 1,376,000 | 1,568,000 | 1,119,000 | 1,016,000 | -219,000 | 797,000 | -384,080 | -393,385 | -32,133 | |
| Dividends Paid | |||||||||||||
| Retained Profit | 1,449,000 | 1,268,000 | 1,225,000 | 1,376,000 | 1,568,000 | 1,119,000 | 1,016,000 | -219,000 | 797,000 | -384,080 | -393,385 | -32,133 | |
| Employee Costs | 746,000 | 832,000 | |||||||||||
| Number Of Employees | 8 | 9 | |||||||||||
| EBITDA* | 1,205,000 | 1,191,000 | -376,000 | 244,000 | -362,446 | -362,493 | -16,338 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,000 | 28,000 | 35,919 | 1,595 | 13,990 | 21,592 | |||||||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 1,000 | 28,000 | 35,919 | 1,595 | 13,990 | 21,592 | |||||||
| Stock & work in progress | |||||||||||||
| Trade Debtors | 17,000 | 241,000 | 172,000 | 21,000 | 335,000 | 186,000 | 161,000 | 185,000 | 368,000 | 158,667 | 147,256 | 65,807 | 102,492 |
| Group Debtors | 10,424,000 | 8,305,000 | 6,954,000 | 5,854,000 | 4,242,000 | 2,840,000 | 1,318,000 | 252,000 | |||||
| Misc Debtors | 2,000 | 1,000 | 6,000 | 4,000 | 12,000 | 156,000 | 298,000 | 159,000 | 2,594 | 8,750 | 7,800 | ||
| Cash | 118,000 | 147,000 | 302,000 | 280,000 | 269,000 | 181,000 | 324,000 | 235,000 | 227,000 | 44,170 | 5,857 | 181,223 | 26,862 |
| misc current assets | |||||||||||||
| total current assets | 10,561,000 | 8,694,000 | 7,434,000 | 6,155,000 | 4,850,000 | 3,219,000 | 1,959,000 | 970,000 | 754,000 | 202,837 | 155,707 | 255,780 | 137,154 |
| total assets | 10,561,000 | 8,694,000 | 7,434,000 | 6,155,000 | 4,850,000 | 3,219,000 | 1,959,000 | 971,000 | 782,000 | 238,756 | 157,302 | 269,770 | 158,746 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 4,000 | 43,000 | 1,024,978 | 61,244 | 12,726 | ||||||||
| Group/Directors Accounts | 72,000 | 601,760 | 632,033 | 123,496 | |||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 1,335,000 | 917,000 | 925,000 | 871,000 | 942,000 | 879,000 | 728,000 | 681,000 | 728,000 | 303,836 | 50,469 | 67,323 | |
| total current liabilities | 1,335,000 | 917,000 | 925,000 | 871,000 | 942,000 | 879,000 | 728,000 | 757,000 | 771,000 | 1,024,978 | 966,840 | 695,228 | 190,819 |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | 10,000 | 9,000 | |||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 10,000 | 9,000 | |||||||||||
| total liabilities | 1,335,000 | 917,000 | 925,000 | 871,000 | 942,000 | 879,000 | 738,000 | 766,000 | 771,000 | 1,024,978 | 966,840 | 695,228 | 190,819 |
| net assets | 9,226,000 | 7,777,000 | 6,509,000 | 5,284,000 | 3,908,000 | 2,340,000 | 1,221,000 | 205,000 | 11,000 | -786,222 | -809,538 | -425,458 | -32,073 |
| total shareholders funds | 9,226,000 | 7,777,000 | 6,509,000 | 5,284,000 | 3,908,000 | 2,340,000 | 1,221,000 | 205,000 | 11,000 | -786,222 | -809,538 | -425,458 | -32,073 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 1,205,000 | 1,190,000 | -382,000 | 230,000 | -374,841 | -374,885 | -27,133 | ||||||
| Depreciation | 1,000 | 6,000 | 14,000 | 1,679 | 12,395 | 12,392 | 10,795 | ||||||
| Amortisation | |||||||||||||
| Tax | 12,000 | -3,000 | -1,000 | -8,000 | -148,000 | -138,000 | 185,000 | 99,000 | |||||
| Stock | |||||||||||||
| Debtors | 1,896,000 | 1,415,000 | 1,257,000 | 1,294,000 | 1,543,000 | 1,403,000 | 900,000 | 208,000 | 368,333 | 8,817 | 75,293 | -35,735 | 110,292 |
| Creditors | -4,000 | -39,000 | -981,978 | 963,734 | 48,518 | 12,726 | |||||||
| Accruals and Deferred Income | 418,000 | -8,000 | 54,000 | -71,000 | 63,000 | 141,000 | 48,000 | -38,000 | 728,000 | -303,836 | 253,367 | -16,854 | 67,323 |
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | -205,000 | 197,000 | -476,000 | -279,311 | -135,854 | -330,886 | -59,307 | ||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -72,000 | 72,000 | -601,760 | -30,273 | 508,537 | 123,496 | |||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | 62,000 | 3,000 | -22,000 | -53,000 | -9,239 | -18,500 | -5,000 | ||||||
| cash flow from financing | 62,000 | -69,000 | 463,000 | -52,778 | -39,512 | 490,037 | 118,556 | ||||||
| cash and cash equivalents | |||||||||||||
| cash | -29,000 | -155,000 | 22,000 | 11,000 | 88,000 | -143,000 | 89,000 | 8,000 | 182,830 | 38,313 | -175,366 | 154,361 | 26,862 |
| overdraft | |||||||||||||
| change in cash | -29,000 | -155,000 | 22,000 | 11,000 | 88,000 | -143,000 | 89,000 | 8,000 | 182,830 | 38,313 | -175,366 | 154,361 | 26,862 |
c24 technologies limited Credit Report and Business Information
C24 Technologies Limited Competitor Analysis
Perform a competitor analysis for c24 technologies limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC4N area or any other competitors across 12 key performance metrics.
c24 technologies limited Ownership
C24 TECHNOLOGIES LIMITED group structure
C24 Technologies Limited has no subsidiary companies.
Ultimate parent company
1 parent
C24 TECHNOLOGIES LIMITED
07465649
c24 technologies limited directors
C24 Technologies Limited currently has 2 directors. The longest serving directors include Mr Ian Manocha (Oct 2016) and Mr David Yates (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Manocha | 59 years | Oct 2016 | - | Director | |
| Mr David Yates | United Kingdom | 39 years | Jul 2024 | - | Director |
P&L
December 2023turnover
1.5m
+20%
operating profit
1.9m
0%
gross margin
99.1%
+0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.2m
+0.19%
total assets
10.6m
+0.21%
cash
118k
-0.2%
net assets
Total assets minus all liabilities
c24 technologies limited company details
company number
07465649
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
aldermary house, 10-15 queen street, london, EC4N 1TX
Bank
HSBC BANK PLC
Legal Advisor
-
c24 technologies 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 2 charges/mortgages relating to c24 technologies limited. Currently there are 0 open charges and 2 have been satisfied in the past.
c24 technologies 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 C24 TECHNOLOGIES LIMITED. This can take several minutes, an email will notify you when this has completed.
c24 technologies limited Companies House Filings - See Documents
| date | description | view/download |
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